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360 Park Avenue South

Trexquant Signs 23,000 Square Foot Office Lease With BXP At 360 Park Avenue South
LEASEDOffice

Trexquant Signs 23,000 Square Foot Office Lease With BXP At 360 Park Avenue South

360 Park Avenue South

Building Size

23,000 SF

Asset Type

Office

Closing

Jun 1, 2026

AI

The property asset involved in this transaction is located at 360 Park Avenue South in Midtown Manhattan. This office space consists of 23,000 square feet, with Trexquant as the tenant taking the entire 10th floor of the building. The lease was signed with BXP as the landlord.

Summary of transaction details:

Trexquant signed the lease, which was guided by the broker representatives from JLL, notably Thomas Burrus, Maeve Trudeau, Jason Roberts, and Joe Messina. BXP was represented by agents from Boston Properties, including Will Stark and Andrew Levin.

Players

Thomas Burrus

JLL

Broker

7 deals

Broker
B
BXPLandlord

Owenton Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93