Eretz Group Leases Office Space To Varley At 155 5th Ave In Flatiron District

The property asset involved in the transaction is located at 155 5th Ave - 5th Floor within the Flatiron District. The asset type is office space with a total square footage of 5,200. The asking rent for the space is $73 per square foot, and the lease type is a Modified Gross Lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $73/ft
• Lease Type: Modified Gross Lease
• Landlord: Eretz Group
• Tenant: Varley
• Landlord's Representative: Emre Bozkurt, Steven Evans & Joseph Zalta - Platinum Properties
• Tenant's Representative: Josh Lewin & Fritz Kemerling -Alvarez & Marsal Property Solutions

The leasing deal is represented by Emre Bozkurt, Steven Evans, and Joseph Zalta from Platinum Properties for the landlord, while the tenant's interests are represented by Josh Lewin and Fritz Kemerling from Alvarez & Marsal Property Solutions. This team of brokers played a crucial role in facilitating the agreement between the landlord and tenant.