WeWork Leases 138563 Square Feet At 609 5th Ave New York From SL Green Realty Corp
LEASED
New York
See Similar DealsOffice138,563 SF
Leased 10/16/2018
LEASED
WeWork Leases 138563 Square Feet At 609 5th Ave New York From SL Green Realty Corp
609 5th Ave, New York, NY, 10017
See Similar DealsOffice138,563 SF
Leased 10/16/2018
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:138,563 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 609 5th Ave, New York, NY, 10017, situated in the New York market. The leased space encompasses a total of 138,563 square feet and is associated with WeWork as the tenant, while SL Green Realty Corp. serves as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 609 5th Ave, New York, NY, 10017
- Market: New York
- Tenant: WeWork
- Landlord: SL Green Realty Corp.
- Square Feet: 138,563
- Tenant's Representative: Michael Greenberg, Howard Hersch - JLL
Michael Greenberg and Howard Hersch from JLL represented WeWork in this lease transaction, facilitating the terms between the tenant and the landlord, SL Green Realty Corp.
Players
BROKERAGE
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,942,347.55
Total Lease Value
$79,423,475.45
Net Landlord Cash Flow$7,942,347.55
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