United Bank for Africa- Analysis- 2019-11-07 for Real Estate
Scenario C: 575 Fifth Avenue
Test Fit
Pros: Landlord is facing market uncertainty and has been competitive with rents Very efficient floor plate Expansion options provided on contiguous floors 2,000 sf of inexpensive storage space can be made available Landlord to design and build to UBA’s exact needs Cons: UBA’s future growth may require the expansion onto another floor. Not part of Rockefeller Center
Major Tenants: ICICI Bank Westpac Banking Corporation
WeWork Barneys
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