BuzzFeed Leases 11000 Square Feet At 110 5th Ave New York From Loblaw Companies
LEASED
New York
See Similar DealsRetail11,000 SF
Leased 10/05/2018
LEASED
BuzzFeed Leases 11000 Square Feet At 110 5th Ave New York From Loblaw Companies
110 5th Ave, New York, NY, 10011
See Similar DealsRetail11,000 SF
Leased 10/05/2018
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:11,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 110 5th Ave, New York, NY, 10011, situated in the New York market. The commercial lease encompasses a total of 11,000 square feet. The landlord of the property is Loblaw Companies.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 110 5th Ave, New York, NY, 10011
- Square Feet: 11,000
- Tenant: BuzzFeed
- Landlord: Loblaw Companies
- Tenant's Rep: Greg Taubin (Savills Studley)
- Landlord's Rep: Daniel Alesandro (CBRE)
Key individuals in this transaction include Greg Taubin representing the tenant, BuzzFeed, and Daniel Alesandro representing the landlord, Loblaw Companies. Their roles were pivotal in facilitating this lease agreement within the New York market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$630,513.36
Total Lease Value
$6,305,133.62
Net Landlord Cash Flow$630,513.36
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