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Palm Bay International Leases Office Space From Stawski Partners At 565 5th Avenue In NYC

Property Image
LEASED
Derrick Ades
Jared London
+ 1

New York

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Office11,419 SF
Leased 03/27/2025
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Property Image
LEASED

Palm Bay International Leases Office Space From Stawski Partners At 565 5th Avenue In NYC

565 5th Avenue

See Similar Deals
Office11,419 SF
Leased 03/27/2025
Derrick Ades
Jared London
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:11,419 SF
Transaction Type:Lease

The property involved in this transaction is an office space located at 565 5th Avenue, New York City. The total area of the asset is 11,419 square feet, with Palm Bay International as the tenant and Stawski Partners as the landlord.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 565 5th Avenue
  • Market: New York City
  • Square Feet: 11,419
  • Tenant: Palm Bay International
  • Landlord: Stawski Partners
  • Tenant's Representative: Brett Harvey (Newmark)
  • Landlord's Representatives: Derrick Ades (CBRE), Edward Goldman (CBRE), Jared London (CBRE)

This lease transaction involved the negotiation and finalization of terms between the representatives of both parties. Brett Harvey of Newmark represented the tenant, Palm Bay International, while the landlord, Stawski Partners, was represented by a team from CBRE, including Derrick Ades, Edward Goldman, and Jared London.

Players

Brett Harvey
28 deals$270M volume(212) 372-2099
BROKER




Stawski Partners
LANDLORD

Details

LEASED
IMAGE: Brett Harvey, Jared London, Marc D. Taub, Derrick Ades & Edward Goldman DATE: 03/27/2025 ADDRESS: 565 5th Avenue MARKET: Midtown Manhattan ASSET TYPE: Office ~ SF: 11,419 LANDLORD: Faith Ryan - Stawski Partners TENANT: Marc D. Taub - Palm Bay International (@PalmBayInternational) LANDLORD'S REP: Derrick Ades, Edward Goldman & Jared London - CBRE (@CBRE) TENANT'S REP: Brett Harvey - Newmark (@Newmark) NOTE: Palm Bay International, a wine and spirits supplier, signed an 11,419-square-foot lease at 565 Fifth Avenue in NYC, marking its first office in the city.

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Deal Type
Effective Rent (Annual)

$654,530.19

Total Lease Value

$6,545,301.89

Net Landlord Cash Flow$654,530.19