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Lewis Brisbois Bisgaard & Smith Leases 100952 Square Feet At 77 Water St New York

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LEASED

New York

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Office100,952 SF
Leased 09/29/2017
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LEASED

Lewis Brisbois Bisgaard & Smith Leases 100952 Square Feet At 77 Water St New York

77 Water St, New York, NY, 10005

See Similar Deals
Office100,952 SF
Leased 09/29/2017
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:100,952 SF
Transaction Type:Lease

77 Water Street is located in New York, NY, within a prominent market and consists of a total square footage amounting to 100,952 square feet. The property is currently associated with Principal Real Estate Investors and houses tenants in a legal context.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: Not specified
  • Address: 77 Water St, New York, NY, 10005
  • Market: New York
  • Tenant: Lewis Brisbois Bisgaard & Smith
  • Landlord: Principal Real Estate Investors
  • Tenant's Representative: Jonathan Larsen (Avison Young)
  • Square Feet: 100,952

The law firm Lewis Brisbois Bisgaard & Smith is entering a new 15-year lease, which will replace their current sublease from Goldman Sachs. The transaction involves an expansion to include the full 18th floor, shifting from their current lease that covers floors 19 through 21 with approximately 75,000 square feet. This new arrangement will take effect when Sage Realty Corporation takes control of the building in April, marking the expiration of Goldman Sachs' master lease.

Players

Jonathan Larsen
6 deals$13M volume(213) 935-7430
BROKER

Principal Real Estate Investors
LANDLORD

Details

LEASED
IMAGE: 77 Water St, New York, NY, 10005 MARKET: New York TENANT'S REP: Jonathan Larsen(Avison Young) TENANT: Lewis Brisbois Bisgaard & Smith LANDLORD: Principal Real Estate Investors SQUARE FEET: 100952

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Deal Type
Effective Rent (Annual)

$5,786,507.72

Total Lease Value

$57,865,077.21

Net Landlord Cash Flow$5,786,507.72