Joseph Haddad And Sonny Haddad Lease Office To SpectraFem At 119 5th Avenue For 20 Years

The property involved in this transaction is an office asset located at 119 5th Avenue in Manhattan. The asking rent for this space is $71 per square foot, with a total size of 8,750 square feet. The lease term established for this property is 20 years under a Single Net Lease agreement.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $71/ft
• Address: 119 5th Avenue
• Market: Manhattan
• Lease Term: 20 Years
• Lease Type: Single Net Lease
• Landlord: Joseph Haddad & Sonny Haddad
• Tenant: SpectraFem
• Landlord's Representative: Michael Segerman - Current Real Estate Advisors
• Tenant's Representative: Jonathan Ortiz - JLL

The deal features two key representatives facilitating the agreement, with Michael Segerman representing the landlords, Joseph Haddad and Sonny Haddad, through Current Real Estate Advisors. Jonathan Ortiz is the representative for the tenant, SpectraFem, associated with JLL.