Black Bear Asset Management Leases Office Space To Primary Venture Management At 386 Park Avenue South

The property asset involved in this transaction is an office space located at 386 Park Avenue South in Manhattan. The total square footage is 26,242, with an asking rent of $65 per square foot. The lease is structured as a Full Service Gross agreement and spans over a term of 5 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 386 Park Avenue South
• Market: Manhattan
• Landlord: Black Bear Asset Management
• Tenant: Primary Venture Management
• Tenant's Rep: Howard Hersch, Steven Rotter, Aaron Ellison & Derek Feinman - Newmark
• Brokers: Jeremy Libby, Ally Krieger & Lindsay Godard - Newmark
• Lease Term: 5 Years
• Lease Type: Full Service Gross
• Asking Rent: $65/ft
• Square Footage: 26,242

The deal features representatives from Newmark, with Howard Hersch, Steven Rotter, Aaron Ellison, and Derek Feinman representing the tenant, Primary Venture Management. The brokerage team assisting in the transaction includes Jeremy Libby, Ally Krieger, and Lindsay Godard, also from Newmark.