Beverly Hill Polo Club Secures Sublease At 1359 Broadway In Garment District For $59/ft

The property asset involved in this transaction is an office space located at 1359 Broadway in the Garment District. The modified gross lease for this 13,662 square foot property has an asking rent of $59 per square foot.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $59/ft
• Square Footage: 13,662
• Address: 1359 Broadway
• Market: Garment District
• Sublandlord: Sisense Inc.
• Subtenant: Beverly Hill Polo Club
• Landlord's Representative: Michael Kaufman & Jared Sternberg - Kaufman Organization
• Tenant's Representative: Daniel Lolai & Raymond Balassiano - LSL Advisors
• Lease Type: Modified Gross Lease

This transaction involved key representatives such as Michael Kaufman and Jared Sternberg from Kaufman Organization representing the landlord, while Daniel Lolai and Raymond Balassiano from LSL Advisors represented the tenant. The sublease agreement was established between Sisense Inc. and Beverly Hill Polo Club, highlighting the collaboration between these entities in this office leasing deal.