The CPEX Retail Leasing Team has completed two leases totaling 2,257 s/f on Court St. in the Carroll Gardens/Cobble Hill sections. The spaces, located at 327 and 195 Court St., represent the second and third leases on Court St. for CPEX's Retail Leasing Team of Ryan Condren and Eric Altschul in the past two months. At both locations, CPEX represented the landlord and secured a tenant and lease price at or near the asking price.
At 327 Court St., CPEX has placed Prudential Douglas Elliman in 1,457 s/f.
Prudential's decision to relocate on Court St., to a space twice as large as their prior location, testifies to the strength of the Carroll Gardens and Cobble Hill real estate markets.
Nearby, at 195 Court St., Condren and Altschul placed Goldy + Mac, a boutique apparel store, in 800 s/f. Goldy + Mac has two retail locations in Park Slope, but this is their first venture into the Cobble Hill area.
Condren said, "The demand for retail spaces along Court St. is amazing. Both landlords were able to choose from multiple offers at or near the asking price from national tenants and experienced local retailers."
Altschul said, "With the exception of a couple of properties under construction, there are currently no vacant retail spaces within a fifteen-block stretch of Court St."
For further information, please contact CPEX, [email protected] , or (718) 935-1800.
CPEX was founded in September 2008 by Timothy King and Brian Leary, two prominent leaders in the New York City commercial real estate industry. The founders have provided a broad range of real estate and business services locally, nationally and internationally throughout their career.
CPEX provides a full range of services for both real estate and business owners, through our innovative operating platform and entrepreneurial culture. CPEX implements a team-based approach in which each group is focused on a specific business line, product type and definitive specialization for each market. Real estate services include: sales, leasing, acquisitions and advisory. Business services include: sales, acquisition, and advisory.
CPEX adds additional resources and support to its teams. Each business line is backed by its own dedicated operations team. The operations team carries out tasks such as scheduling, preparing materials and documentation, client reporting, coordinating public relations, advertising and marketing efforts, and working with CPEX administration. Teams are further supported by our centralized in-house research, technology and marketing & media groups. This quality of support allows our sales force and advisory team to remain singularly focused on executing assignments. The CPEX operating platform consisting of multiple people working together in a specialized system is proven to achieve maximum results for our clients. Tags: