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Broadway4D Leases 25000 Square Feet At Liberty Theatre In Midtown Manhattan

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LEASED

New York

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Retail25,000 SF
Leased 09/30/2024
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LEASED

Broadway4D Leases 25000 Square Feet At Liberty Theatre In Midtown Manhattan

234 West 42nd Street

See Similar Deals
Retail25,000 SF
Leased 09/30/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:25,000 SF
Transaction Type:Lease

The asset involved in this transaction is a retail space located at 234 West 42nd Street in Midtown Manhattan. The total square footage of the property is 25,000, which is being leased by the tenant, Broadway4D.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 234 West 42nd Street
  • Market: Midtown Manhattan
  • Landlord: Brookfield & Madison International Capital
  • Tenant: Broadway4D
  • Landlord's Representative: Alan Schmerzler & Diana Boutross - Cushman & Wakefield
  • Tenant's Representative: Gary Trock - CBRE

This transaction highlights the involvement of Broadway4D, which aims to create a theater-wide immersive experience featuring 20 iconic Broadway songs performed by top stars. The involvement of Cushman & Wakefield and CBRE as representatives for the landlords and tenant reflects the collaboration of notable real estate firms in this significant lease agreement.

Players

Gary Trock
5 deals$31M volume
BROKER

Alan Schmerzler
Cushman & Wakefield
9 deals
BROKER

Details

LEASED
IMAGE: Gary Trock, Alan Schmerzler & Diana Boutross DATE: 09/30/2024 ADDRESS: 234 West 42nd Street MARKET: Midtown Manhattan ASSET TYPE: Retail ~ SF: 25,000 LANDLORD: Brookfield & Madison International Capital TENANT: Broadway4D LANDLORD'S REP: Alan Schmerzler (@AlanSchmerzler) & Diana Boutross - Cushman & Wakefield (@CushWake) TENANT'S REP: Gary Trock (@GTrock1) - CBRE (@CBRE) NOTE: Broadway4D has leased 25,000 square feet at the Liberty Theatre in Times Square, aiming to create a theater-wide immersive experience featuring 20 iconic Broadway songs performed by top stars. &Wakefield

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Deal Type
Effective Rent (Annual)

$1,432,984.91

Total Lease Value

$14,329,849.14

Net Landlord Cash Flow$1,432,984.91