The asset involved in this transaction is an office space located at 60 Broad Street in Manhattan, encompassing a total of 10,000 square feet. The property has undergone a redesign and is now 90% leased, featuring significant tenants, including various city and state agencies.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: 10-year lease
• Address: 60 Broad Street
• Market: Manhattan
• Landlord: Robert Wiberg - Piedmont Office Realty Trust
• Tenant: Edelman & Edelman
• Landlord's Representative: John Wheeler, Robin Olinyk & Thomas Swartz - JLL
• Tenant's Representative: Robert Wizenberg - CBRE

Edelman & Edelman executed a 10-year lease agreement, relocating from their previous location at 61 Broadway to the 29th floor of the new address. The lease highlights the growing demand for office space in the area and reflects the current leasing trends within the market.