News: Brokerage

Condren, Triglia, and Danut of CPEX leases 22,000 s/f of commercial space in New York Daily News Building

The CPEX New York retail leasing team revealed the completion of a lease in the New York Daily News building, located at 575 Degraw Street. Situated between 3rd Avenues in the Gowanus neighborhood, the property is a one-story building featuring 40,000 s/f of commercial space. The incoming tenant, New York Dialysis Services, will occupy 22,000 s/f of space. This marks the tenth medical tenant in the past two years with which the CPEX Retail Leasing Team has executed a lease agreement. CPEX's retail leasing team, consisting of managing director Ryan Condren and associates Kristina Triglia and George Danut, represented the landlord in negotiating the terms of the lease with the new tenant. By bringing in New York Dialysis Services alongside the New York Daily News and popular rock-climbing gym Brooklyn Boulders, CPEX has now filled all the available commercial space at 575 Degraw Street. "With Whole Foods nearing their grand opening and the early success of Dinosaur BBQ, demand for retail in the Gowanus has increased dramatically in the past 12 months," said Condren. "This lease is just another example of the strong demand in this thriving neighborhood."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.