Brooklyn, NY Thor Equities has leased 8,000 s/f at 180 Bedford Ave. in Williamsburg to Chase Bank, according to company executives. Dean Rosenzweig and Jeremy Scholder of CBRE represented Chase Bank. Sam Sabin and Sam Polese of Thor Equities represented the landlord. The lease term is 10 years.
Developed by Thor Equities, the 14,500 s/f retail building includes 120 ft. of wraparound frontage on Bedford Ave. and North 7th St. The recently completed property encompasses 4,000 s/f each on the ground, second and lower levels, as well as a rooftop terrace with an additional 2,500 s/f of space. Chase is scheduled to open on the ground and lower levels in the third quarter of this year.
“We are pleased to welcome Chase to 180 Bedford Ave., which is ideally situated on the most desirable corner of the thriving Williamsburg neighborhood,” said Joseph Sitt, CEO of Thor Equities.
Featuring 18-foot ceiling heights and a usable rooftop, 180 Bedford is adjacent to the Bedford Ave. L, a major subway stop and key anchor for the area.
Neighboring retailers include Apple, J. Crew, Madewell, Whole Foods, Urban Outfitters, Gant Rugger and Steve Madden. Also nearby, The Hoxton hotel will soon join popular destinations The William Vale, Wythe Hotel, Lilia, Brooklyn Bowl and Brooklyn Brewery.
Thor owns additional properties in Williamsburg at 93 N. 9th St., 100 N. 3rd St., and 124-136 N. Sixth St. featuring 34,500 square feet of developable retail space.