H&R Block Leases Retail Space In Tribeca, Manhattan From Nuveen

The retail property located at 86 Chambers Street in Tribeca, Manhattan has been leased. The property, with a total square footage of 800 sq ft, was leased by H & R Block. The lease was facilitated by the landlord's representatives Andrew Stern and Ravi Idnani of Newmark, and the tenant was represented by Michael Azarian and James Ariola of Cushman & Wakefield. The lease type for the property is a Modified Gross Lease, with an asking rent of $175 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: N/A
• Address: 86 Chambers Street
• Market: Tribeca, Manhattan

The landlord of the property is Nuveen, while H & R Block serves as the tenant. The deal was coordinated by Andrew Stern and Ravi Idnani of Newmark, representing the landlord, and Michael Azarian and James Ariola of Cushman & Wakefield, representing the tenant. The lease agreement was structured as a Modified Gross Lease, with an asking rent of $175 per square foot.