Capgemini Leases 43,000 Square Feet At 2 Pennsylvania Plaza In Midtown Manhattan For 10 Years
New York
See Similar DealsCapgemini Leases 43,000 Square Feet At 2 Pennsylvania Plaza In Midtown Manhattan For 10 Years
2 Pennsylvania Plaza
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The transaction involved an office asset located at 2 Pennsylvania Plaza in Midtown Manhattan, comprising 43,000 square feet. The asking rent for the lease is set at $120 per square foot, and the lease agreement is for a duration of 10 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $120/ft
- Square Footage: 43,000
- Address: 2 Pennsylvania Plaza
- Market: Midtown Manhattan
- Landlord: Steven Roth - Vornado Realty Trust
- Tenant: Aiman Ezzat - Capgemini
- Landlord's Rep: Josh Glick, Jared Silverman & Anthony Cugini - Vornado Realty Trust; Bruce Mosler & Josh Kuriloff - Cushman & Wakefield
- Tenant's Rep: Chad Baker, Bill Peters & Scott Cahaly - JLL
- Lease Type: 10-year
Capgemini is relocating its New York office from 79 Fifth Avenue to the 22nd floor at Vornado’s Penn 2. The deal showcases a collaboration between various individuals and agencies, including Vornado Realty Trust representing the landlord and JLL representing the tenant in this comprehensive agreement.
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