The lease transaction involved an office asset located at 9 Times Square in Manhattan. The leased space amounts to 10,000 square feet with an asking rent of $60 per foot. The lease type executed is a Modified Gross Lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $600,000
• Address: 9 Times Square
• Market: Manhattan
• Tenant: Nielsen Consumer
• Landlord's Representative: Christopher Okada, Thomas Capuano & Avery Reavill - Okada & Company
• Leasing Status: Occupancy increased from 56% to 90% leased
• Date of transaction: 5/1/2025

Okada & Company, representing the landlord, successfully facilitated the lease on behalf of their client following the recent purchase of the 200,000 square foot property. Within 90 days of the assignment, the leasing team made significant progress in occupancy rates, demonstrating effective management and strategy to attract tenants to the building.