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Woodline Partners Leases 19,500 Sq. Ft. Office At 712 5th Avenue From Paramount Group
LEASED
New York
See Similar DealsOffice19,500 SF
Leased 12/08/2025
LEASED
Woodline Partners Leases 19,500 Sq. Ft. Office At 712 5th Avenue From Paramount Group
712 5th Avenue
See Similar DealsOffice19,500 SF
Leased 12/08/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:19,500 SF
Transaction Type:Lease
The asset involved in this transaction is an office space located at 712 5th Avenue in Midtown Manhattan, encompassing a total area of 19,500 square feet. The lease agreement is set for a duration of 15 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 712 5th Avenue
- Market: Midtown Manhattan
- Asset Size: 19,500 sq. ft.
- Landlord: Albert Behler - Paramount Group
- Tenant: Woodline Partners
Woodline Partners is in the process of relocating its New York City offices to the new space, moving approximately 0.3 miles from its previous location on Sixth Avenue to occupy the 43rd and 44th floors of the building.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,117,728.23
Total Lease Value
$11,177,282.33
Net Landlord Cash Flow$1,117,728.23
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