facebook
Traded Co logo
Submit
Daily limit: 0/10

LibreMax Capital Leases Office Space At 601 Lexington Avenue For 10 Years

Property Image
LEASED
$96
Silvio Petriello
Cynthia Wasserberger
+ 3

New York

See Similar Deals
Office21,000 SF
Leased
the dealplayerscompscontact
Property Image
LEASED

LibreMax Capital Leases Office Space At 601 Lexington Avenue For 10 Years

601 Lexington Avenue

See Similar Deals
Office21,000 SF
Leased
Silvio Petriello
Cynthia Wasserberger
+ 3
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$96
Total Square Footage:21000 SF
Transaction Type:Lease

601 Lexington Avenue is the location for a recent lease transaction involving an office space. The lease term spans 10 years, and the space measures 21,000 square feet with an asking rent of $96 per square foot.

Summary of transaction details:

LibreMax Capital, an asset management firm, is relocating its headquarters to larger offices at 601 Lexington Avenue through a 10-year lease agreement. This move aligns with the company's expansion strategy and solidifies their presence in Midtown Manhattan.

Players

Frank Doyle
25 deals$538.2M volume
BROKER

Andrew Coe
JLL
16 deals$500M volume
BROKER


Silvio Petriello
CBRE
12 deals
BROKER

Cynthia Wasserberger
JLL
12 deals
BROKER

David Kleiner
JLL
13 deals
BROKER

Details

LEASED
IMAGE: Andrew Coe, David Kleiner, Frank Doyle, Cynthia Wasserberger, Owen D. Thomas, Greg Lippmann, Silvio Petriello & Tim Freydberg DATE: 03/20/2024 ADDRESS: 601 Lexington Avenue MARKET: Midtown Manhattan ASSET TYPE: Office LANDLORD: Owen D. Thomas - BXP (@BXPBostonProperties) TENANT: Greg Lippmann - LibreMax Capital LANDLORD'S REP: Andrew Coe (@NYCOfficeDigs), Cynthia Wasserberger, David Kleiner & Frank Doyle - JLL (@JLL) TENANT'S REP: Silvio Petriello (@SilvioPetriello) & Tim Freydberg (@TimFreydberg) - CBRE (@CBRE) ASKING RENT: $96/ft ~ SF: 21,000 LEASE TERM: 10-year lease NOTE: LibreMax Capital, an asset management firm, is moving its headquarters to larger offices at 601 Lexington Avenue, signing a 10-year lease for 21,000 square feet with an asking rent of $96 per square foot.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$2,311,118.07

Total Lease Value

$23,111,180.69

Net Landlord Cash Flow$2,311,118.07