Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$79
Total Square Footage:32,000 SF
Transaction Type:Lease
The property involved in the transaction is situated at 475 5th Ave, New York, NY, 10017. This lease transaction encompasses a total area of 32,000 square feet, with a rent per square foot set at $79. The property is located in the New York market.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 475 5th Ave, New York, NY, 10017
- Market: New York
- Tenant: Stantec Consulting Services
- Landlord: TIAA-CREF
- Tenant's Representative: Brian Connolly - JLL
- Rent/SF: $79
- Square Feet: 32,000
This transaction features Stantec Consulting Services as the tenant, utilizing the space for their operational needs. Brian Connolly from JLL acted as the representative for Stantec Consulting Services in this leasing agreement, while TIAA-CREF served as the landlord for the property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,898,068.69
Total Lease Value
$28,980,686.90
Net Landlord Cash Flow$2,898,068.69
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