Sandstone Leases 13,794 Square Feet At 141 East Houston Street From East End Capital

The asset involved in this lease transaction is an office space located at 141 East Houston Street in Manhattan's Lower East Side. The property has a total square footage of 13,794 and was leased for an asking rent of $93 per square foot. The lease term spans a duration of five years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $93/ft.
• Square Footage: 13,794
• Address: 141 East Houston Street
• Market: Lower East Side
• Landlord: East End Capital
• Tenant: Sandstone
• Landlord's Representative: Adam Henick & Robert Kluge - Current Real Estate Advisors
• Tenant's Representative: Newmark
• Lease Terms: 5 years

The deal involves AI-powered legal management platform Sandstone, which has signed a five-year lease for the specified office space. Representing the landlord is Adam Henick and Robert Kluge from Current Real Estate Advisors, while the tenant is represented by Newmark.