GFP Real Estate, LLC is pleased to announce four new lease transactions totaling 12,450 square feet at 505 Eighth Ave in Midtown.
Allen Gurevich, Senior Managing Director of GFP Real Estate, said:
In its first transaction, a commercial real estate investment firm Greystone & Company Renewed lease of 3 for 7,400 sfrd Floor for another 5 years. Longtime tenants have occupied the building since 2007, affiliated with the Metropolitan Transportation Authority, and conveniently located just one block from Pennsylvania Station. Tenants update the space with a new modern look.
The tenant entered into a contract directly with the landlord, GFP Real Estate, in the transaction (direct rental). Allen Gurevich GFP Real Estate represents Landlord, GFP Real Estate, and Tenant.
For the second transaction, CTI Engineering Co., Ltd. (CTL Group)Engineering, architecture and materials science consulting firm.th floor. Internationally recognized companies provide professional technical services and use their space for offices.
Stephen Sunderland Two of Optimal Spaces represent the tenant CTLGroup and Allen Gurevich GFP Real Estate represented the landlord in this transaction.
In the third transaction, rent questa full-service furniture and prop rental company, has signed a three-year lease for approximately 900 square feet of 10.th floor. The company specializes in custom-built and original unique pieces, and uses this space for general and executive offices.
Donna Vogel Two people from GFP Real Estate represented tenant RentQuest, Allen Gurevich GFP Real Estate represented the landlord in this transaction.
For the fourth transaction, Richmond Home Needs Servicea home care services agency renewed leases on 12, 1,850 sfth Floor for another 5 years. Richmond Home Need Services is based in Staten Island with a mission to “improve the quality of life for individuals and families at home by providing compassionate home care.”
The tenant entered into a contract directly with the landlord, GFP Real Estate, in the transaction (direct rental). Allen Gurevich GFP Real Estate represented the landlord, GFP Real Estate.
Originally known as the Hoover Building, 505 8th Avenue was built in 1926 by architect Chester James Storm. The 25-story, 275,000-square-foot building features a modernized 24/7 lobby that is open 24/7 and offers keycard access for convenient and secure access throughout the day. increase. Located at the northwest corner of 8th Avenue and 35th Street, 505 8th Avenue is one block from Penn Station and is served by the A, C, E, lines 1, 2, 3, NJ Transit Train, LIRR. , connected to Amtrak. Plus, subway lines B, D, F, M, N, Q, R, and W are just a few blocks away for easy access to and from the building.
For more information on 505 Eighth Ave., including current leasing opportunities, please call Allen J. Gurevich of GFP Real Estate at 212.609.7141 or email [email protected].
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