Luther Quintana Upholstery Leases Office Space At 545 West 45th Street From McMahan Capital Management

The property asset involved in this transaction is located at 545 West 45th Street in Manhattan. It is classified as an office space with a lease type of Modified Gross Lease. The asking rent for this space is $40 per square foot, covering a total area of 14,000 square feet.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $40/ft
• Address: 545 West 45th Street
• Market: Manhattan
• Lease Type: Modified Gross Lease
• Landlord: McMahan Capital Management
• Tenant: Luther Quintana Upholstery
• Broker: Elena Ivanova & Christopher Okada - Okada & Company

This deal involved the representation of the landlord by McMahan Capital Management and the tenant, Luther Quintana Upholstery, was represented by brokers Elena Ivanova and Christopher Okada from Okada & Company. The transaction occurred on March 28, 2025.