Pandora Signs 10-Year Lease For Retail Space In Herald Square, Manhattan
LEASED
$600
New York
See Similar DealsRetail11,800 SF
Leased 11/11/2022
LEASED
Pandora Signs 10-Year Lease For Retail Space In Herald Square, Manhattan
112 West 34th Street, New York City, New York 10120, United States
See Similar DealsRetail11,800 SF
Leased 11/11/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$600
Total Square Footage:11,800 SF
Transaction Type:Lease
The retail property located at 112 West 34th Street in Herald Square has recently been leased. The deal was finalized on 11/11/2022.
Summary of transaction details
- Property Type: Retail
- Address: 112 West 34th Street
- Market: Herald Square
- Tenant: Pandora
- Landlord: Empire State Realty Trust
- Brokers: Robert Gibson & David Berke - JLL
- Asking Rent: $600 per square foot
- Lease Terms: 10-year lease
- Space: 1,800 square feet
Represented by Robert Gibson and David Berke from JLL, the lease agreement was signed between Empire State Realty Trust and Pandora. The 10-year lease was secured at an asking rent of $600 per square foot. The retail space spans 1,800 square feet and is located at 112 West 34th Street in Herald Square.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$8,116,426.55
Total Lease Value
$81,164,265.53
Net Landlord Cash Flow$8,116,426.55
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