The asset involved in this transaction is located at 838 Broadway in Manhattan. It has a total square footage of 13,619 square feet and is classified as an office space. The property is under the ownership of ZG Capital Partners, which has recently renovated the building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 838 Broadway
• Market: Manhattan
• Lease Term: 10 years
• Landlord: Darren Zar - ZG Capital Partners
• Tenant: Hilton Hotels & Resorts
• Brokers: Dan Evans, Mitchell Konsker, Benjamin Bass, Jeff Groh, Gregory Wang & Thomas Swartz - JLL

This lease transaction represents Hilton Hotels & Resorts securing the entire sixth floor of the property under a 10-year agreement, demonstrating an expansion in their office footprint in Manhattan. The brokers facilitating this deal include a team from JLL, showcasing expertise in leasing commercial properties.