Verizon Leases 143,000 SF Office Space At 155 Delancey St. In Lower East Side With Cushman & Wakefield's Reps
155 Delancey Street
Office
143,000 SF
143,000 SF
Leased 1 year ago
Summary
Located at 155 Delancey Street in the Lower East Side, the recently leased office space is a noteworthy asset in the area. Spanning over 143,000 square feet, the property was leased by Verizon's CEO, Hans Vestberg, for a term of 20 years. The asking rent for the space was $80 per square foot, showcasing the value of this transaction.
Summary of Transaction Details:
- Property Type: Office
- Transaction Amount: N/A
- Address: 155 Delancey Street
- Market: Lower East Side
- Tenant: Verizon - Hans Vestberg
- Landlord: Taconic Partners, L+M Development, The Prusik Group, BFC Partners & Urban Investment Group
- Brokers: Josh Kuriloff, Andrew Braver & Peyton Horn - Cushman & Wakefield
- Asking Rent: $80/ft.
The leasing deal was facilitated by brokers Josh Kuriloff, Andrew Braver, and Peyton Horn from Cushman & Wakefield, who represented Verizon and Hans Vestberg. Their expertise in the market and negotiation skills contributed to the successful conclusion of this transaction.
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155 Delancey Street
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