October 16, 2012 -
New York City
CBRE Group, Inc. has represented Chrysler Group LLC in the 110,000 s/f lease of auto showroom space at 629 West 54th St.
Chrysler Group was represented by CBRE's Michael Kadosh and Jedd Nero locally, and by Jeff DeSano and Scott Young, in Detroit. The lease was a direct deal with the Friedland Estate, landlord, for 629 West 54th St.
"This property is located in a highly sought after market for auto dealerships and we are thrilled to have represented Chrysler Group in securing this new location," said Kadosh, vice president, CBRE New York Tri-State Retail Services Group.
Chrysler Group will be taking the former Audi space at 629 West 54th Street. Audi, which was represented by Kadosh and Nero in the purchase of 698 11th Ave., has moved into their new facility.