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Marex Leases 39,552 Square Feet From Rudin Management Company At 560 Lexington Avenue
LEASED
$84
New York
See Similar DealsOffice39,552 SF
Leased 04/06/2026
LEASED
Marex Leases 39,552 Square Feet From Rudin Management Company At 560 Lexington Avenue
560 Lexington Avenue
See Similar DealsOffice39,552 SF
Leased 04/06/2026
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$84
Total Square Footage:39,552 SF
Transaction Type:Lease
The asset involved in this transaction is an office space located at 560 Lexington Avenue in Manhattan. The lease signed by the tenant covers a total of 39,552 square feet at an asking rent of $84 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $84/ft
- Square Footage: 39,552
- Address: 560 Lexington Avenue
- Market: Manhattan
- Landlord: Samantha Rudin Earls & Michael Rudin - Rudin Management Company
- Tenant: Marex
Marex has downsized from its previous 80,000-square-foot space at 2 Grand Central Tower, where it plans to initiate a sublease. The landlords, Samantha Rudin Earls and Michael Rudin, are representatives of Rudin Management Company, overseeing the leasing of the office space.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,808,722.58
Total Lease Value
$38,087,225.78
Net Landlord Cash Flow$3,808,722.58
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