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The Balloon Museum Signs Five-Year Lease For 54,000 Square Feet At 96 South Street
LEASED
New York
See Similar DealsRetail54,000 SF
Leased 02/23/2026
LEASED
The Balloon Museum Signs Five-Year Lease For 54,000 Square Feet At 96 South Street
96 South Street
See Similar DealsRetail54,000 SF
Leased 02/23/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:54,000 SF
Transaction Type:Lease
The property asset involved in the transaction is a retail space located at 96 South Street within the Seaport District. The total square footage of the property is 54,000, and it will serve as the U.S. flagship location for The Balloon Museum, which is taking over the space previously occupied by existing tenants as part of Seaport Entertainment Group's preparations for the area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Term: five-year
- Landlord: Matthew Partridge - Seaport Entertainment Group
- Tenant: Roberto Fantauzzi - The Balloon Museum
Matthew Partridge represents Seaport Entertainment Group as the landlord in this lease agreement, while Roberto Fantauzzi is the tenant representing The Balloon Museum in this transaction.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,095,247.41
Total Lease Value
$30,952,474.14
Net Landlord Cash Flow$3,095,247.41
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