News: Brokerage

Hebron Sr. and Hebron IV of Ingram & Hebron lease 57,200; Served as exclusive leasing broker for landlord, J.W. Mays

Robert Hebron, Sr. and Robert Hebron IV of Ingram & Hebron Realty, Inc. represented landlord and tenant in a ten-year, 57,200 s/f lease at 9 Bond St. site of the former Mays Department store. Ingram & Hebron is the exclusive leasing brokerage for landlord J.W. Mays, a publicly held company. J.W. Mays owns two large office and Retail buildings (9 Bond St.and 25 Elm Pl.) within the same two block area. 25 Elm Pl. is fully leased with office tenants including The Brooklyn Chamber of Commerce, Arbor Education & Training, Brooklyn Bureau of Community Service, Goodwill Industries and Independence Care System. Existing office tenants at 9 Bond St. include Workforce1 Career Center, Doshi Diagnostics and landlord J.W Mays. The newest tenant at 9 Bond St. is to be the NYS Department of Labor which will have administrative and hearing functions at the site. Occupancy is expected early this year subsequent to construction of the space. Ingram & Hebron Realty is exclusive agent for 1.2 million s/f of commercial space in the downtown area and has brokered numerous retail and office leases there. Recent additional retail leases completed include the newest Ricky's store at 107 Montague and Korres, a Greek natural products firm at 140 Montague St. The firm has sold over 600,000 s/f of office space, and $50 million of land and buildings for redevelopment in the borough.
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