Beacon Capital Partners And Kaufman Lease Office Space To The Points Guy In Manhattan For $85/ft

The property asset involved in this transaction is located at 875 Sixth Avenue in Manhattan. It is classified as an office space with a lease term of 6 years and 1 month. The space spans 11,765 square feet, with an asking rent of $85 per square foot under a modified gross lease agreement.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $85/ft
• Lease Term: 6 Years, 1 Month
• Asset Address: 875 Sixth Avenue
• Market: Manhattan
• Landlord: Beacon Capital Partners & Kaufman
• Tenant: The Points Guy (Red Ventures)
• Landlord's Rep: Grant Greenspan, Michael Kaufman & Benjamin Saftler - Kaufman
• Tenant's Rep: Jonathan Fein & Brian Decillis - Cushman & Wakefield
• Square Footage: 11,765

The deal was facilitated by key representatives, including Grant Greenspan, Michael Kaufman, and Benjamin Saftler from Kaufman representing the landlord, while Jonathan Fein and Brian Decillis from Cushman & Wakefield represented the tenant, The Points Guy, under Red Ventures. This highlights the professional involvement of these brokers in successfully concluding the lease agreement.