Regal of ABS Partners negotiates 6,500 s/f lease to Moskowitz & Book
ABS Partners Real Estate has brokered a new ten-year lease at 345 7th Ave. on behalf of the law firm of Moskowitz & Book.
"The firm had been a tenant at 1372 Broadway for over 10 years when they were faced with a significant increase in their rent. This prompted them to reevaluate the decision to renew their lease," said ABS broker Douglas Regal who represented Moskowitz & Book. "They wanted to get out in the market and see what options were available to them. 345 7th Ave. met all their criteria, which included a full-floor space in a renovated building that is centrally located to public transportation."
The firm leased the entire 21st floor which consists of 6,500 s/f.
345 7th Ave. was represented by Peter Liptrot of Bernstein Real Estate.
East Meadow, NY United Properties Corp. has completed two significant retail acquisitions totaling $34.3 million across Ohio and Iowa. The portfolio has crossed 10 million s/f, boosted by 380,354 s/f of premier commercial shopping center space acquired in these purchases.
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