Brookfield buys out third office tenant at 666 Fifth, for total of $10.2M

Brookfield Property Partners through the entity BSREP III Nero LLC paid Golub Capital LLC $3.1 million to buy out its lease at 666 Fifth Avenue in the Plaza District. The deal closed on January 31, 2020, and was recorded on March 11, 2020. The entire property is 1,169,666 square feet.

This is Brookfield’s third recorded lease buyout at 666 Fifth. The others were $6.1 million for Schiff Hardin recorded in June 2019, and $1 million for Investec Asset Management, recorded in December 2019. Golub Capital is now located at 200 Park Avenue, but as recently as July 2019 the firm listed 666 Fifth Avenue as its New York office.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on September 27, 2012.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link