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Posted: September 4, 2015
Condren, Danut and Chew of CPEX secure lease at 75A 5th Avenue; Cushman & Wakefield rep tenant - BKLYN Juice Co.
The CPEX New York retail leasing team completed a lease agreement at 75A 5th Ave. with BKLYN Juice Co. Located in Park Slope, 75A 5th Ave. is a mixed-use building featuring 650 s/f of ground floor retail space, with an additional 600 s/f of below-grade space and 450 s/f of backyard space. BKLYN Juice is taking over the location from a local children's clothing store that is relocating to 4th Ave.
CPEX's retail leasing team, consisting of managing director Ryan Condren, Associate Director George Danut and Associate Keat Chew, represented the landlord in the lease transaction. Cushman & Wakefield represented BKLYN Juice Co. LLC.
"5th Ave. has clearly become the primary beneficiary of the Barclays Center, and it's not surprising to see pricing now at a 'new norm' of over $100 per s/f," said Condren. "We believe that BKLYN Juice will be a great amenity for the residents of Park Slope looking for healthy, organic options."
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