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GlossGenius Leases 13,619 Square Feet Office Space From ZG Capital Partners In Union Square
LEASED
+ 3
New York
See Similar DealsOffice13,619 SF
Leased 08/12/2024
LEASED
GlossGenius Leases 13,619 Square Feet Office Space From ZG Capital Partners In Union Square
838 Broadway
See Similar DealsOffice13,619 SF
Leased 08/12/2024
+ 3
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:13,619 SF
Transaction Type:Lease
838 Broadway is an office asset located in Manhattan's Union Square, comprising 13,619 square feet of office space. It is under the ownership of ZG Capital Partners. The property is situated in a prime market area, which is known for its vibrant business environment.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 838 Broadway
- Market: Union Square
- Landlord: ZG Capital Partners
- Tenant: GlossGenius
- Brokers: Greg Wang, Gregory Wang, Hannah Bernstein, Joseph Sipala, Mitchell Konsker, Thomas Swartz & Stefanie Rock - JLL
The lease transaction involved GlossGenius, a fintech company, securing the office space at the specified location. JLL represented both the landlord and tenant in this deal, with a team of brokers facilitating the negotiation process.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$780,632.86
Total Lease Value
$7,806,328.62
Net Landlord Cash Flow$780,632.86
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