Aberdeen Standard Investments Leases 27372 Sq Ft At 712 5th Ave New York From Paramount Group
LEASED
New York
See Similar DealsOffice27,372 SF
Leased 04/26/2019
LEASED
Aberdeen Standard Investments Leases 27372 Sq Ft At 712 5th Ave New York From Paramount Group
712 5th Ave, New York, NY, 10019
See Similar DealsOffice27,372 SF
Leased 04/26/2019
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:27,372 SF
Transaction Type:Lease
A lease transaction has occurred involving an office space located at 712 5th Ave, New York, NY, 10019. The property is situated in the New York market and encompasses a total of 27,372 square feet, which is leased by Aberdeen Standard Investments.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Specified
- Address: 712 5th Ave, New York, NY, 10019
- Market: New York
- Tenant: Aberdeen Standard Investments
- Landlord: Paramount Group
- Tenant's Representative: Daniel Horowitz, Savills
The transaction features key industry players, including the tenant, Aberdeen Standard Investments, which has secured the lease, and the landlord, Paramount Group. Daniel Horowitz from Savills acted as the representative for the tenant in this lease agreement.
Players
LENDER
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,568,946.52
Total Lease Value
$15,689,465.23
Net Landlord Cash Flow$1,568,946.52
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