The property asset involved in this transaction is a retail space located at 477 Madison Avenue in Midtown Manhattan. It has a modified gross lease structure, with an asking rent of $400 per square foot over a long-term lease arrangement. The total square footage of the property is 4,500.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $400/ft
• Address: 477 Madison Avenue
• Market: Midtown Manhattan
• Lease Term: Long Term
• Lease Type: Modified Gross Lease
• Landlord: RFR Realty
• Tenant: Charles Tyrwhitt
• Landlord's Representative: Brandon Singer, Suzanne Bernstock & John DiGangi - Retail By Mona
• Tenant's Representative: Michael O'Neill - Cushman & Wakefield

Brandon Singer, Suzanne Bernstock, and John DiGangi represented RFR Realty in this transaction, while Michael O'Neill was the representative for the tenant, Charles Tyrwhitt, under Cushman & Wakefield. The collaborative efforts of these professionals facilitated the lease agreement, marking a significant step in the asset's occupancy strategy.