GFP Real Estate, a leading real estate company, has successfully secured three lease renewals totaling 12,385 square feet at 40 Exchange Place in the bustling Financial District of Manhattan. These deals include Mobilo, a tech firm specializing in smart business cards leasing 6,000 square feet on the 13th floor for a short-term period. Loyalkaspar, an innovative branding agency extending its lease for two years and occupying 5,725 square feet on the15th floor. Additionally,Z&Li Wellness Acupuncture renewed their lease for five years and will continue to occupy their current space of660 square feet on the17th floor.
Although specific details were not disclosed,the asking rents at this prime location are approximately $45 per square foot.The owner,GFP Real Estate,and tenants were represented by Allen Gurevich and Matthew Colavita from GFP Real Estate themselves,in each of these direct transactions.
The article “40 Exchange Place Renews Three Leases” was originally published by Connect CRE.
