apartment buildings commercial buildings commercial Real Estate commercial real estate market in new york city manhattan commercial real estate Manhattan Real Estate Market mixed use investment building mixed use user buildings New York City Real Estate new york real estate journal new york real estate Skyline Properties NYC Real Estate Market Trends nyc real estate news off market real estate Off-Market Properties Real Estate Industry News real estate investment Manhattan Robert Khodadadian - Skyline Properties Robert Khodadadian on Quiet Deals Skyline NYC Skyline Properties

Canela Media Expands to 8K SF at 370 Lexington Avenue – Commercial Observer

By Nov 20, 2023 # commercial buildings

Canela Media Expands to 8K SF at 370 Lexington Avenue – Commercial Observer Articles about Robert Khodadadian from Commercial Observer Canela Media Expands to 8K SF at 370 Lexington Avenue - Commercial Observer  Articles about Robert Khodadadian from Commercial Observer, New York's authority on commercial real estate leasing, financing, deals and culture. <a href="https://commercialobserver.com/company/canela-media/" title="Canela Media" class="company-link">Canela Media</a> has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by <a href="https://commercialobserver.com/company/broad-street-development/" title="Broad Street Development" class="company-link">Broad Street Development</a>. The expansion and renewal add part of the 15th floor to Canela’s footprint, according to the landlord. <div class="co-paywalled-content"> The landlord did not disclose the asking rent or the length of the lease. Midtown saw an average asking rent of $82.68 per square foot in the third quarter of 2023, <a href="https://cbreemail.com/collect/click.aspx?u=UGltR2dJM0tGY2NONW1JM3pDdWoxWTlIYnNoRFNBNzJhWEdkVllva0F4NE1lMnVTVVhQNmd1ZlFxcFg1QlZmWU0wT3d4OWpwb2NEdHhUa0pPdXdPSmpVdjB5OS9SWWt1aUY5MGxHUzczQzBRdEp2elpmQ0V5VEM0bnpCMDBiK29ObEJaYzlsdHFFbz0=&rh=ff01da52991aad4ce8849e6ba34397f436ff2e5a">according to a report from CBRE</a>. “Located in the heart of the Grand Central District, 370 Lexington Avenue offers modern spaces that complement the building’s prewar charm,” Jack Tobin of <a href="https://commercialobserver.com/company/adams-company-real-estate/" title="Adams & Company Real Estate" class="company-link">Adams & Company Real Estate</a>, who represented the tenant with Brett Maslin, said in a statement. “Since moving into the building in 2021, Canela Media has expanded their presence within the property twice. This location has offered the company the ideal space to run their growing business while being easily accessible from New York City’s major transportation hub.” Gayle Kennedy and Olivia Schrantz of Broad Street Development represented the landlord in-house and did not immediately respond to a request for comment. Located at Lexington Avenue and East 41st Street, 370 Lexington was built in 1929. Broad Street purchased the building for $190 million <a href="https://commercialobserver.com/2018/12/invesco-real-estate-100m-broad-street-development-190m-370-lexington-avenue/">in 2018</a> before giving it a $30 million renovation<a href="https://commercialobserver.com/2019/10/the-plan-370-lexington-avenue-gets-a-30m-makeover/"> in 2019</a>. Mark Hallum can be reached at <a href="mailto:mhallum@commercialobserver.com">mhallum@commercialobserver.com</a>. </div> Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time. Robert Khodadadian, skyline properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, The Commercial Observer, Retail For Lease, Commercial Observer, Commercial Office Lease Channel, Leases, Office, 370 lexington avenue, adams & company real estate, Broad Street Development, Canela Media, CBRE, New York City, Manhattan, Adams & Company Real Estate <a href="https://commercialobserver.com/2023/11/canela-media-expands-to-8k-sf-at-370-lexington-avenue/" target="_blank" class="feedzy-rss-link-icon" rel="noopener">Read More</a>Commercial ObserverCanela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s  Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller. Articles about Robert Khodadadian from Commercial Observer Canela Media Expands to 8K SF at 370 Lexington Avenue - Commercial Observer Articles about Robert Khodadadian from Commercial Observer, New York's authority on commercial real estate leasing, financing, deals and culture. Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s footprint, according to the landlord. The landlord did not disclose the asking rent or the length of the lease. Midtown saw an average asking rent of $82.68 per square foot in the third quarter of 2023, according to a report from CBRE. “Located in the heart of the Grand Central District, 370 Lexington Avenue offers modern spaces that complement the building’s prewar charm,” Jack Tobin of Adams & Company Real Estate, who represented the tenant with Brett Maslin, said in a statement. “Since moving into the building in 2021, Canela Media has expanded their presence within the property twice. This location has offered the company the ideal space to run their growing business while being easily accessible from New York City’s major transportation hub.” Gayle Kennedy and Olivia Schrantz of Broad Street Development represented the landlord in-house and did not immediately respond to a request for comment. Located at Lexington Avenue and East 41st Street, 370 Lexington was built in 1929. Broad Street purchased the building for $190 million in 2018 before giving it a $30 million renovation in 2019. Mark Hallum can be reached at mhallum@commercialobserver.com. Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time. Robert Khodadadian, skyline properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, The Commercial Observer, Retail For Lease, Commercial Observer, Commercial Office Lease Channel, Leases, Office, 370 lexington avenue, adams & company real estate, Broad Street Development, Canela Media, CBRE, New York City, Manhattan, Adams & Company Real Estate Read MoreCommercial ObserverCanela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s <a href="https://robertkhodadadian.com/canela-media-expands-to-8k-sf-at-370-lexington-avenue-commercial-observer/" target="_blank" class="feedzy-rss-link-icon" rel="noopener">Read More</a>apartment buildings, commercial buildings, commercial observer, Commercial property, Commercial property marketing, Commercial Property Sales, commercial Real Estate, How to succeed in real estate, manhattan commercial real estate, Manhattan Real Estate, Manhattan Real Estate Market, mixed use investment building, New York City Real Estate, new york real estate, new york real estate Skyline Properties, NYC Real Estate, NYC Real Estate Market Trends, nyc real estate news, NYC Real Estate Values, observer, off market, off market broker, off market real estate, Off-Market Properties, Property brokers, Real estate, Real Estate Acquisitions, Real Estate Brokerage, Real estate brokers, Real estate development, Real Estate Finance, Real Estate Industry News, Real Estate Investing, real estate investment, real estate investment Manhattan, Real Estate Services, Real estate transactions, Residential Real Estate, Robert Khodadadian - Skyline Properties, Robert Khodadadian on Quiet Deals, Skyline Properties, the real deal magazine, the real deal new york, amir Korangy, commercial buildings, bob knakal, brokerage, commercial real estate brokers, Commercial Real Estate News Robert Khodadadian Articles about Robert Khodadadian from Commercial Observer Canela Media Expands to 8K SF at 370 Lexington Avenue - Commercial Observer Articles about Robert Khodadadian from Commercial Observer, New York's authority on commercial real estate leasing, financing, deals and culture. Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s footprint, according to the landlord. The landlord did not disclose the asking rent or the length of the lease. Midtown saw an average asking rent of $82.68 per square foot in the third quarter of 2023, according to a report from CBRE. “Located in the heart of the Grand Central District, 370 Lexington Avenue offers modern spaces that complement the building’s prewar charm,” Jack Tobin of Adams & Company Real Estate, who represented the tenant with Brett Maslin, said in a statement. “Since moving into the building in 2021, Canela Media has expanded their presence within the property twice. This location has offered the company the ideal space to run their growing business while being easily accessible from New York City’s major transportation hub.” Gayle Kennedy and Olivia Schrantz of Broad Street Development represented the landlord in-house and did not immediately respond to a request for comment. Located at Lexington Avenue and East 41st Street, 370 Lexington was built in 1929. Broad Street purchased the building for $190 million in 2018 before giving it a $30 million renovation in 2019. Mark Hallum can be reached at mhallum@commercialobserver.com. Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time. Robert Khodadadian, skyline properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, The Commercial Observer, Retail For Lease, Commercial Observer, Commercial Office Lease Channel, Leases, Office, 370 lexington avenue, adams & company real estate, Broad Street Development, Canela Media, CBRE, New York City, Manhattan, Adams & Company Real Estate Read MoreCommercial ObserverCanela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s

Articles about Robert Khodadadian from Commercial Observer Canela Media Expands to 8K SF at 370 Lexington Avenue – Commercial Observer

Articles about Robert Khodadadian from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture.

Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue.

The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s footprint, according to the landlord.

The landlord did not disclose the asking rent or the length of the lease. Midtown saw an average asking rent of $82.68 per square foot in the third quarter of 2023, according to a report from CBRE.

“Located in the heart of the Grand Central District, 370 Lexington Avenue offers modern spaces that complement the building’s prewar charm,” Jack Tobin of Adams & Company Real Estate, who represented the tenant with Brett Maslin, said in a statement. “Since moving into the building in 2021, Canela Media has expanded their presence within the property twice. This location has offered the company the ideal space to run their growing business while being easily accessible from New York City’s major transportation hub.”

Gayle Kennedy and Olivia Schrantz of Broad Street Development represented the landlord in-house and did not immediately respond to a request for comment.

Located at Lexington Avenue and East 41st Street, 370 Lexington was built in 1929. Broad Street purchased the building for $190 million in 2018 before giving it a $30 million renovation in 2019.

Mark Hallum can be reached at mhallum@commercialobserver.com.

Robert Khodadadian, skyline properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, The Commercial Observer, Retail For Lease, Commercial Observer, Commercial Office Lease

Channel, Leases, Office, 370 lexington avenue, adams & company real estate, Broad Street Development, Canela Media, CBRE, New York City, Manhattan, Adams & Company Real Estate Read More Commercial ObserverCanela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s

Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue. The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

Articles about Robert Khodadadian from Commercial Observer Canela Media Expands to 8K SF at 370 Lexington Avenue – Commercial Observer Articles about Robert Khodadadian from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture.
Canela Media has signed a deal to expand to 8,066 square feet, nearly doubling its footprint at 370 Lexington Avenue.
The media firm serving the Latino community originally leased 4,924 square feet in 2021 in the 26-story building owned by Broad Street Development. The expansion and renewal add part of the 15th floor to Canela’s footprint, according to the landlord.

The landlord did not disclose the asking rent or the length of the lease. Midtown saw an average asking rent of $82.68 per square foot in the third quarter of 2023, according to a report from CBRE.
“Located in the heart of the Grand Central District, 370 Lexington Avenue offers modern spaces that complement the building’s prewar charm,” Jack Tobin of Adams & Company Real Estate, who represented the tenant with Brett Maslin, said in a statement. “Since moving into the building in 2021, Canela Media has expanded their presence within the property twice. This location has offered the company the ideal space to run their growing business while being easily accessible from New York City’s major transportation hub.”
Gayle Kennedy and Olivia Schrantz of Broad Street Development represented the landlord in-house and did not immediately respond to a request for comment.
Located at Lexington Avenue and East 41st Street, 370 Lexington was built in 1929. Broad Street purchased the building for $190 million in 2018 before giving it a $30 million renovation in 2019.
Mark Hallum can be reached at mhallum@commercialobserver.com.