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Jellyfish Signs 8-Year Lease At 693 Fifth Avenue In Midtown Manhattan

Property Image
LEASED
Ted Koltis
Damla Barrett
+ 1

New York

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Office9,508 SF
Leased
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Property Image
LEASED

Jellyfish Signs 8-Year Lease At 693 Fifth Avenue In Midtown Manhattan

693 5th Ave, New York, NY 10022, USA

See Similar Deals
Office9,508 SF
Leased
Ted Koltis
Damla Barrett
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Total Square Footage:9508 SF
Transaction Type:Lease

The property involved in this transaction is located at 693 Fifth Avenue in Midtown. It is an office asset with a total square footage of 9,508. The tenant, Jellyfish, has entered into a lease agreement for a term of 8 years. The landlord in this deal is Marc Ladreit de Lacharrière. Colliers International represented both parties in the transaction, with brokers Ted Koltis, Cryder Bancroft, Tiffany Benton, and Damla Barrett facilitating the lease.

Summary of transaction details

This transaction involved key individuals and companies such as Ted Koltis, Cryder Bancroft, Tiffany Benton, and Damla Barrett from Colliers International. They represented both the tenant and the landlord in the lease agreement for the office space at 693 Fifth Avenue in Midtown.

Players

Cryder Bancroft
2 deals
BROKER

Damla Barrett
1 deal
BROKER

Ted Koltis
5 deals
BROKER

Tiffany Benton
Colliers
1 deal
BROKER

Details

LEASED
IMAGE: Ted Koltis, Cryder Bancroft, Marc Ladreit de Lacharrière, Tiffany Benton & Damla Barrett DATE: 04/29/2020 ADDRESS: 693 Fifth Avenue MARKET: Midtown ASSET TYPE: Office TENANT: Jellyfish LANDLORD: Marc Ladreit de Lacharrière BROKERS: Ted Koltis, Cryder Bancroft, Tiffany Benton & Damla Barrett – Colliers International ASKING RENT: $80 SF: 9,508 TERM: 8 years NOTE: Marc […]

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Deal Type
Effective Rent (Annual)

$544,992.82

Total Lease Value

$5,449,928.22

Net Landlord Cash Flow$544,992.82