Olmstead Properties Leases Office Space To PhysicsX At 54 West 21st Street In Flatiron District

The property asset involved in this transaction is located at 54 West 21st Street in the Flatiron District. It is an office space with a total area of 13,075 square feet, and the lease type is a Modified Gross Lease. The asking rent is set at $62 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $62/ft
• Address: 54 West 21st Street
• Market: Flatiron District
• Square Footage: 13,075
• Landlord: Olmstead Properties
• Tenant: PhysicsX
• Landlord's Representative: Daniel Breiman - Olmstead Properties
• Tenant's Representatives: Jason Neman & Daniel Lolai - LSL Advisors
• Lease Type: Modified Gross Lease

This transaction involves key representatives from both the landlord and tenant sides. Daniel Breiman represented Olmstead Properties as the landlord's representative. On the tenant side, Jason Neman and Daniel Lolai acted as representatives for PhysicsX while engaging in the lease agreement.