Kadosh of CBRE leases 4,078 s/f retail space to Reebok Fit Hub
CBRE Group, Inc. has secured a 10-year, 4,078 s/f retail lease with Reebok Fit Hub on the ground floor of 1132 Third Ave. Reebok Fit Hub is a store where people can go to find innovative fitness and training products, trusted advice, guidance and information on community based fitness events. Reebok Fit Hub will move in immediately.
CBRE's Michael Kadosh negotiated on behalf of ownership. Jeremy Ezra and Yael Amraon of RKF represented Reebok Fit Hub.
"Third Ave. in the 60s has rebounded tremendously and has become an extremely tight market once again. This turnaround is a direct reflection of a dense residential population and the fantastic mix of national tenants in the market," said Kadosh. "1132 Third Ave.'s prime location is across the street from lululemon, making it a perfect fit for Reebok Fit Hub."
1132 Third Ave. is located at the northwest corner of 66th St. Other retail tenants in the neighborhood include True Religion and Pier 1 Imports.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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
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.