Ogden CAP Properties Leases Office Space At 545 Madison Avenue In Midtown Manhattan
LEASED
New York
See Similar DealsOffice42,000 SF
Leased 08/10/2022
LEASED
Ogden CAP Properties Leases Office Space At 545 Madison Avenue In Midtown Manhattan
545 Madison Avenue, New York City, New York 10022, United States
See Similar DealsOffice42,000 SF
Leased 08/10/2022
Summary
NEW YORK
Asset Type:Office
Total Square Footage:42,000 SF
Transaction Type:Lease
Marx Realty has recently leased the office space located at 545 Madison Avenue in Midtown. The property, spanning 42,000 square feet, was leased to Ogden CAP Properties. The lease was facilitated by Tara Stacom and Peter Trivelas from Cushman & Wakefield.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not specified
- Date: 08/10/2022
- Address: 545 Madison Avenue
- Market: Midtown
Tara Stacom and Peter Trivelas, representing Cushman & Wakefield, were instrumental in the lease transaction of the property. They successfully negotiated an agreement between the landlord, Marx Realty, led by Craig Deitelzweig, and the tenant, Ogden CAP Properties.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,407,414.66
Total Lease Value
$24,074,146.55
Net Landlord Cash Flow$2,407,414.66
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