New York Real Estate Journal

New York Commercial Real Estate Services inks five leases

January 10, 2011 - Spotlight Content
According to New York Commercial Real Estate Services (NYCRS), it has completed the following transactions: Retail space at 600 Washington St. just signed for 4,100 s/f of ground space with Sisu Fitness. The asking price was $65 per s/f. The brokers involved were Newmark Knight Frank's Craig Slosberg for the owner and NYCRS' Tim Parkkila for the tenant. The personal training gym will feature a boxing ring. At 394 Broadway, The Production Plant just signed a five-year lease for 5,300 s/f of space on the building's 2nd floor. The asking price was $34 per s/f. Ken Brandman of NYCRS brokered the lease on behalf of owner Jack Jangana and the 394 Broadway Group, LLC. At 251 West 30th St., a partial 10th floor lease was just signed with Body & Mind NYC for five years. The asking price was $25 per s/f. Sam Stein of Justin Properties represented the owner and Helen Demetrious of NYCRS represented the tenant. At 125 Maiden Lane, Fischer Jordan signed a lease for 1,100 s/f. The broker involved was Michael Chow and the landlord was Time Equities. At 248 Mott St., Local New York, LLC signed a 400 s/f retail lease. The broker involved was Kathleen Perkins of NYCRS, and the landlord was Croman Real Estate, represented by Ken Brandman of NYCRS.