News: Brokerage

Mesmer of GVA Williams brokers two leases consisting of 20,000 s/f

According to GVA Williams, Ultrabland, Inc. and Kidrobot have leased a total of 20,000 s/f in space at 39 West 19th St. and 56 West 22nd St., respectively. The firms took 10,000 s/f each in the buildings, which are both located in the Chelsea neighborhood. Ultrabland signed a 10-year lease at 39 West 19th St., located between Fifth and Sixth Aves. Asking rents in the building are $35 per s/f. The boutique company, which creates promotional pieces and trailers for TV networks, including HBO, Nickelodeon, Showtime, and Lifetime, was previously located at 27 West 24th St. The company joins several other art and creative firms in the building, including The School for Film and Television and Dance Manhattan. Kidrobot will lease the ninth and tenth floors of 56 West 22nd St., also between Fifth and Sixth Aves. The building's asking rents are $41 per s/f. Perry Mesmer of GVA Williams represented the landlord in the Ultrabland lease, and both the tenant and the landlord in the Kidrobot transaction. Joe McLaughlin of Capstone Realty negotiated on behalf of Ultrabland, Inc. in its lease transaction.
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
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The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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