Spotter Signs 17,000 Square Foot Lease At 25 West 39th Street In Manhattan

The asset involved in this transaction is an office space located at 25 West 39th Street in Manhattan, featuring a total square footage of 17,000. Spotter has secured a three-year lease for the entire 14th floor, with the lease price being approximately $70 per square foot, situated near Bryant Park.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: ~$70 per square foot
• Address: 25 West 39th Street
• Market: Manhattan
• Lease Duration: Three years
• Landlord: Joseph J. Sitt
• Landlord's Company: Thor Equities
• Tenant: Spotter
• Landlord's Representative: Christopher Okada & Thomas Capuano - Okada & Company
• Tenant's Representative: Joshua Berg - Newmark

This transaction involves key individuals such as Joseph J. Sitt, representing Thor Equities as the landlord. The tenant, Spotter, is represented by Joshua Berg from Newmark. Additionally, Christopher Okada and Thomas Capuano from Okada & Company represent the landlord in this lease agreement.