Cerberus Capital Management Leases 132000 Square Feet At 875 3rd Ave In New York
LEASED
New York
See Similar DealsOffice132,000 SF
LEASED
Cerberus Capital Management Leases 132000 Square Feet At 875 3rd Ave In New York
875 3rd Ave, New York, NY, 10022
See Similar DealsOffice132,000 SF
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:132,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 875 3rd Ave, New York, NY, 10022, within the New York market. The lease encompasses a total of 132,000 square feet and involves Cerberus Capital Management, L.P. as the tenant and Global Holdings Management Group as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 875 3rd Ave, New York, NY, 10022
- Market: New York
- Tenant: Cerberus Capital Management, L.P.
- Landlord: Global Holdings Management Group
- Tenant's Representatives: David Falk, Eric Cagner, Jason Greenstein - Newmark
The deal involved key representatives, specifically David Falk, Eric Cagner, and Jason Greenstein, who represented Cerberus Capital Management, L.P. in the leasing process. Global Holdings Management Group is the landlord in this transaction.
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Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,566,160.35
Total Lease Value
$75,661,603.46
Net Landlord Cash Flow$7,566,160.35
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