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April 22, 2013 -
Front Section
Adams & Co. Real Estate, LLC inked a 13,978 s/f lease at 48 West 37th St. for Manhattan Business Interiors, Inc.
Manhattan Business Interiors signed a 10-year, 5,296 s/f lease and renewed their 8,682 s/f lease.
David Levy principal of Adams & Co. represented the landlord, Forty Eight Thirty Seven Associates, and the tenant.
Although the details of the transaction were not disclosed, asking rent was $36 per s/f. Manhattan Business Interiors plans to use the space for general and executive offices.
Manhattan Business Interiors, Inc. is a general contracting and construction management firm, providing clients with the highest standard of service for mission critical, interior construction and building core & shell.
"48 West 37th St. offers tenants expansive office space in a well-maintained and established building," said David Levy. "With a central location in the Transit Triangle, this building is ideal for Manhattan Business Interiors and their growing brand."
Built in 1926, 48 West 37th St. is an 18-story, 57,750 s/f building with 24-hour access and features new windows throughout. Notable office tenants include ASI System Integration, John Murray Architects, Ismael Leyva Architects, and MBI.