Garan Leases Retail Space At 99 Park Ave, New York From Global Holdings
LEASED
New York
See Similar DealsRetail31,754 SF
Leased 02/07/2022
LEASED
Garan Leases Retail Space At 99 Park Ave, New York From Global Holdings
99 Park Ave, New York, NY, 10016
See Similar DealsRetail31,754 SF
Leased 02/07/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:31,754 SF
Transaction Type:Lease
The retail property located at 99 Park Ave, New York, NY, 10016, spans 31,754 square feet. The lease transaction was completed on 02/07/2022 in the New York market. The tenant, Garan, was represented by Noel Flagg from Newmark, while the landlord was Global Holdings Management Group.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not mentioned
- Tenant: Garan
- Tenant's Rep: Noel Flagg (Newmark)
- Landlord: Global Holdings Management Group
- Address: 99 Park Ave, New York, NY, 10016
- Market: New York
- Square Feet: 31,754
The deal's key individuals included Noel Flagg from Newmark, representing the tenant, Garan, and the landlord, Global Holdings Management Group. This transaction highlights the collaborative efforts of these parties in successfully finalizing the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,820,120.12
Total Lease Value
$18,201,201.18
Net Landlord Cash Flow$1,820,120.12
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