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Owen D. Thomas Of Boston Properties Leases 83000 Square Feet To Snowflake At 7 Times Square
LEASED
New York
See Similar DealsOffice83,000 SF
Leased
LEASED
Owen D. Thomas Of Boston Properties Leases 83000 Square Feet To Snowflake At 7 Times Square
7 Times Sq
See Similar DealsOffice83,000 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:83000 SF
Transaction Type:Lease
The asset involved in this transaction is located at 7 Times Sq in Manhattan. It is classified as an office asset with a total square footage of 83,000. The lease reflects the current market dynamics in Manhattan's commercial real estate sector.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 7 Times Sq
- Market: Manhattan
- Landlord: Owen D. Thomas - Boston Properties
- Tenant: Snowflake
Owen D. Thomas represents Boston Properties in this lease transaction, with Snowflake as the tenant. This lease is notable as it marks Manhattan’s largest new lease in February.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,757,509.91
Total Lease Value
$47,575,099.14
Net Landlord Cash Flow$4,757,509.91
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