Haddad Brands Leases Office Space To Cadent At 2 Park Avenue For $85 Per Square Foot

The property is located at 2 Park Avenue in the Murray Hill market of New York. It is an office asset comprising 50,017 square feet. The landlord, Haddad Brands, has leased the property to the tenant, Cadent, under a single net lease agreement for a duration of 7 years, with an asking rent of $85 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $85/ft
• Lease Term: 7 Years
• Lease Type: Single Net Lease
• Landlord: Haddad Brands
• Tenant: Cadent
• Tenant's Representative: Howard Hersch, Steven Rotter, Aaron Ellison, Derek Feinman, Adam Spector & Ally Dweck - Newmark
• Address: 2 Park Avenue
• Market: Murray Hill, NY
• Square Footage: 50,017

The deal involved multiple representatives from Newmark, highlighting the collaborative effort by Howard Hersch, Steven Rotter, Aaron Ellison, Derek Feinman, Adam Spector, and Ally Dweck in facilitating this lease transaction for Cadent.