Crain Communications Leases 6758 Square Feet At 685 3rd Ave New York From Unizo Holding Co
LEASED
New York
See Similar DealsOffice6,758 SF
Leased 08/30/2018
LEASED
Crain Communications Leases 6758 Square Feet At 685 3rd Ave New York From Unizo Holding Co
685 3rd Ave, New York, NY, 10017
See Similar DealsOffice6,758 SF
Leased 08/30/2018
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:6,758 SF
Transaction Type:Lease
685 3rd Ave, New York, NY, 10017, is a commercial property in the New York market. The property includes a lease expansion of 6,758 square feet for Crain Communications, with a lease term of five years.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 6,758
- Tenant: Crain Communications
- Landlord: Unizo Holding Co.
- Tenant's Representative: Mary Ann Tighe (CBRE)
- Landlord's Representatives: Clark Finney (JLL), Daniel Santagata (JLL), Frank Doyle (JLL), Jonathan Fanuzzi (Newmark)
- Brokers: Ken Meyerson (CBRE), David Hollander (CBRE)
Brad Auerbach, David Hollander, Ken Meyerson, and Mary Ann Tighe represented Crain Communications in the lease expansion, while Unizo Holding Co. was represented in the transaction by Matthew Astrachan, Frank Doyle, Jonathan Fanuzzi, Clark Finney, and Dan Santagata from JLL.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$387,364.48
Total Lease Value
$3,873,644.82
Net Landlord Cash Flow$387,364.48
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