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Museum Of Broadway Leases Office Space At 145 West 45th Street In Times Square

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LEASED

New York

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Office26,200 SF
Leased 08/11/2021
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LEASED

Museum Of Broadway Leases Office Space At 145 West 45th Street In Times Square

145 West 45th Street, Manhattan, New York, NY, USA

See Similar Deals
Office26,200 SF
Leased 08/11/2021
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:26,200 SF
Transaction Type:Lease

Located in Times Square, the office property at 145 West 45th Street has been leased. The transaction took place on August 11, 2021. The tenant of the property is the Museum Of Broadway, while the landlord is H&K Associates. The leasing deal was facilitated by brokers Daniel Lolai from LSL Advisors, Amy Zhen from Cushman Wakefield, and Matthew Schuss from JLL. The property spans 26,200 square feet and the asking rent for the lease was $115 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not applicable
  • Address: 145 West 45th Street
  • Market: Times Square
  • Tenant: Museum Of Broadway (@museumofbroadway)
  • Landlord: H&K Associates
  • BROKERS: Daniel Lolai - LSL Advisors, Amy Zhen - Cushman Wakefield, and Matthew Schuss - JLL

The leasing deal at 145 West 45th Street in Times Square involved the Museum Of Broadway as the tenant and H&K Associates as the landlord. The transaction was successfully closed with the assistance of Daniel Lolai from LSL Advisors, Amy Zhen from Cushman Wakefield, and Matthew Schuss from JLL. The property offers approximately 26,200 square feet of office space and the rental rate was set at $115 per square foot.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Amy Zhen
Cushman & Wakefield
7 deals
BROKER

Matthew Schuss
JLL
7 deals
BROKER

TENANT

Details

LEASED
IMAGE: Daniel Lolai, Amy Zhen & Matthew Schuss DATE: 08/11/2021 ADDRESS: 145 West 45th Street MARKET: Times Square ASSET TYPE: Office TENANT: Museum Of Broadway @museumofbroadway LANDLORD: H&K Associates BROKERS: Daniel Lolai - @LSLAdvisors, Amy Zhen - Cushman Wakefield @cushwake & Matthew Schuss - @JLL ASKING RENT: $115/ft. ~ SF: 26,200

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Deal Type
Effective Rent (Annual)

$1,501,768.19

Total Lease Value

$15,017,681.90

Net Landlord Cash Flow$1,501,768.19