TerraCRG retained to lease retail space at 245 Flatbush Avenue, Brooklyn

TerraCRG has been retained as the exclusive agent for the lease of 245 Flatbush Ave. in the Prospect Heights/Park Slope neighborhood. The property is located one block from the Barclays Center between Bergen St. and Sixth Ave. and is available for immediate occupancy. The leasable area consists of approximately 900 gross s/f on the ground floor with a 900 gross s/f basement. The 900 gross s/f second floor could also be made available. The property has tremendous visibility with 60 ft. of frontage on Flatbush Ave., 42 ft. on Bergen St., and 43 ft. on Sixth Ave. The immediate area has experienced a surge of national and upscale retailers, and is comprised of several strong retail corridors, including Fulton Mall, Atlantic Ave., Flatbush Ave., Fifth Ave., Court St., Smith St., and Montague St. The building is in close proximity to Starbucks, Bank of America, and the soon to open Shake Shack and TD Bank. The property is also just two blocks from the Atlantic Terminal Mall. The 2 and 3 trains are located just outside the buildings entrance and the N, Q, R, B, D, 2, 3, 4, 5, and the Long Island Railroad trains are located one block away at Atlantic Avenue/Barclays Center subway station. "Flatbush Ave. has become one of the most active retail corridors in Brooklyn. The amount of frontage on Flatbush makes this property really stand out and will provide the future tenant with tremendous marketing reach," said Dan Marks, vice president of investment sales and leasing at TerraCRG. TerraCRG is a real estate brokerage and advisory firm focused solely on commercial transactions in Brooklyn. In six years, and through the depths of the recession, TerraCRG established itself as a true Brooklyn market leader, completing over 70 transactions a year in Brooklyn by tailoring its approach to suit the needs of investors, property owners, developers and lenders. TerraCRG was a vital market player during the recovery that became evident with the strong market of 2011 and in 2012, the firm was ranked number 2 in the 2012 Top 10 Brooklyn Commercial Brokerage Firm Ranking by Co-Star.