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Boggi Milano Signs 10-Year Lease For 8810 Square Feet At 527 Madison Avenue In Midtown
LEASED
+ 2
New York
See Similar DealsRetail8,810 SF
Leased 12/11/2024
LEASED
Boggi Milano Signs 10-Year Lease For 8810 Square Feet At 527 Madison Avenue In Midtown
527 Madison Avenue
See Similar DealsRetail8,810 SF
Leased 12/11/2024
+ 2
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:8,810 SF
Transaction Type:Lease
The asset is located at 527 Madison Avenue in Midtown, featuring a retail space of 8,810 square feet. The lease has been established for a duration of 10 years.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 527 Madison Avenue
- Market: Midtown
- Landlord: John B. Kessler - Mitsui Fudosan America
- Tenant: Paolo Selva - Boggi Milano
- Landlord's Representative: Caleb Petersen, Drew Weiss & Jeffrey Roseman - Newmark
- Tenant's Representative: Brandon Miller & David Abrams - Masonre
- Lease Term: 10-year
Italian menswear brand Boggi Milano has secured its second location in New York City with this lease agreement, indicating its ongoing expansion in the market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$504,983.88
Total Lease Value
$5,049,838.84
Net Landlord Cash Flow$504,983.88
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