TruFund Financial Services Inc. Leases Office At 9 East 40th Street For 7 Years

The property involved in this transaction is an office asset located at 9 East 40th Street within the Grand Central market. The asking rent for the space amounts to $55 per square foot, encompassing a total area of 5,400 square feet. The lease has a duration of 7 years and 7 months, structured as a modified gross lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $55/ft
• Address: 9 East 40th Street
• Market: Grand Central
• Landlord: Eretz Group
• Tenant: TruFund Financial Services, Inc.
• Landlord's Representative: Steven Evans - Platinum Properties
• Tenant's Representative: Woody King - Lee & Associates
• Lease Term: 7 Year & 7 Month Term
• Lease Type: Modified Gross Lease

Key individuals in this transaction include Steven Evans, who represents the landlord Eretz Group through Platinum Properties, and Woody King, who represents the tenant TruFund Financial Services, Inc. via Lee & Associates.