InVision Communications Leases 12015 SF At 550 Fashion Ave New York From Adler Group
LEASED
$60
+ 1
New York
See Similar DealsOffice12,015 SF
Leased 06/29/2016
LEASED
InVision Communications Leases 12015 SF At 550 Fashion Ave New York From Adler Group
550 Fashion Ave, New York, NY, 10018
See Similar DealsOffice12,015 SF
Leased 06/29/2016
+ 1
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$60
Total Square Footage:12,015 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 550 Fashion Ave, New York, NY, 10018. It is situated in the New York market, featuring a total area of 12,015 square feet. The rent for this space is set at $60 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: N/A
- Address: 550 Fashion Ave, New York, NY, 10018
- Market: New York
- Tenant: InVision Communications
- Landlord: Adler Group
- Tenant's Representative: Christie Bennet (Newmark Grubb Knight Frank)
- Rent/SF: $60
- Square Feet: 12,015
This transaction involved key representatives, including Christie Bennet from Newmark Grubb Knight Frank, who represented the tenant, InVision Communications, in the leasing agreement with the landlord, Adler Group.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$826,431.06
Total Lease Value
$8,264,310.60
Net Landlord Cash Flow$826,431.06
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