Lease Transaction Friday

At 100-104 Fifth Avenue, three leases have recently been signed - Dimension Capital Partners leased space on the 7th floor of 10,554 RSF for 11 years, with a reported low $50s average base rent over the term, plus a substantial construction allowance and free rent from the Landlord; Gabbe Group renewed its lease for 6,901 RSF; and Jarvis W. Irving & Company leased 2,349 RSF...Realty TV show producer Left/Right signed a 10-year lease for 10,000 RSF for 9th floor space at 39 West 19th Street, where the asking rent was in the low $30s PRSF... ReachLocal signed a 10-year lease at 112 West 34th Street, where asking rents were in the low to mid $40s PRSF; Creative Realities signed a 5-year lease for 8,500 RSF on the entire 14th floor at 1140 Broadway, where the asking rent was approximately $35.00 PRSF.