InVision Communications Signs Lease For 12000 Square Feet At 550 7th Ave New York
LEASED
New York
See Similar DealsOffice12,000 SF
Leased 07/05/2016
LEASED
InVision Communications Signs Lease For 12000 Square Feet At 550 7th Ave New York
550 7th Ave, New York, NY, 10018
See Similar DealsOffice12,000 SF
Leased 07/05/2016
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:12,000 SF
Transaction Type:Lease
The property asset involved in the transaction is located at 550 7th Ave, New York, NY, 10018. It covers a total area of 12,000 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 550 7th Ave, New York, NY, 10018
- Square Feet: 12,000
- Tenant: InVision Communications
- Landlord: The Kaufman Organization
- Tenant's Representative: Christie Bennet (Newmark Grubb Knight Frank)
- Landlord's Representatives: Michael Heaner and Sam Stein
InVision Communications executed a lease agreement, with Christie Bennet and Robin Fisher from Newmark Grubb Knight Frank representing the tenant. The Kaufman Organization was represented in-house by Michael Heaner and Sam Stein during the transaction.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$687,832.76
Total Lease Value
$6,878,327.59
Net Landlord Cash Flow$687,832.76
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