Instacart Signs Seven-Year Lease For 26,134 Square Feet At 111 West 33rd Street

The property asset involved in this lease transaction is an office space located at 111 West 33rd Street, situated in Manhattan. Instacart has signed a lease for a total space of 26,134 square feet at an asking rent of $75 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $26,134/ft.
• Address: 111 West 33rd Street
• Market: Manhattan
• Landlord: Anthony E. Malkin - Empire State Realty Trust
• Tenant: Instacart
• Landlord's Representatives: Jordan Berger, Shanae Ursini, Kerry Lavelle - ESRT; Scott Klau, Erik Harris, Neil Rubin, Cole Gendels & Zachary Weil - Newmark
• Tenant's Representatives: Josh Pernice, Timothy Kazul & Conor Famulener - CBRE
• Lease Duration: Seven years

This lease transaction highlights the roles of key individuals and companies involved. The landlord's representatives included Jordan Berger, Shanae Ursini, and Kerry Lavelle from Empire State Realty Trust, alongside agents from Newmark. On the tenant side, the representation was managed by Josh Pernice, Timothy Kazul, and Conor Famulener from CBRE.