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CompletePlayground Signs 15-Year Lease At 30 Broad St In FiDi With Landlord Tribeca Associates

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LEASED
$60

New York

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Retail40,000 SF
Leased 01/08/2023
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Property Image
LEASED

CompletePlayground Signs 15-Year Lease At 30 Broad St In FiDi With Landlord Tribeca Associates

30 Broad Street, New York City, New York 10004, United States

See Similar Deals
Retail40,000 SF
Leased 01/08/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:40,000 SF
Transaction Type:Lease

The property involved in this transaction is a retail space located at 30 Broad St in the FiDi market. The lease was finalized on 01/08/2023, with a 15-year lease term. The landlord of the property is Tribeca Associates and the tenant is CompletePlayground. The leasing transaction was facilitated by brokers David Tricarico and Jake Horowitz from Colliers. The asking rent for the space was set at $60 per square foot, with a total area of 40,000 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not applicable
  • Address: 30 Broad St
  • Market: FiDi
  • Landlord: Tribeca Associates
  • Tenant: CompletePlayground
  • Brokers: David Tricarico & Jake Horowitz - Colliers
  • Asking Rent: $60/ft.
  • Square Footage: 40,000
  • Lease Terms: 15 year lease

The involvement of David Tricarico and Jake Horowitz from Colliers as brokers highlights their role in representing both parties in this leasing deal. They ensured the successful negotiation of the 15-year lease agreement between Tribeca Associates, the landlord, and CompletePlayground, the tenant.

Players

David Tricarico
2 deals(212) 716-3585
BROKER

Jake Horowitz
Colliers
3 deals$2.6M volume(516) 502-5438
BROKER

LANDLORD

Details

LEASED
IMAGE: David Tricarico & Jake Horowitz DATE: 01/08/2023 ADDRESS: 30 Broad St MARKET: FiDI ASSET TYPE: Retail LANDLORD: Tribeca Associates TENANT: CompletePlayground BROKERS: David Tricarico & Jake Horowitz - Colliers (@ColliersInternational) ASKING RENT: $60/ft. ~ SF: 40,000 LEASE TERMS: 15 year lease

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Deal Type
Effective Rent (Annual)

$2,751,331.03

Total Lease Value

$27,513,310.35

Net Landlord Cash Flow$2,751,331.03