Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retail Leasing Services Secures a Retail Lease in Bed-Stuy

06/20/2012

Massey Knakal Retail Leasing Services has secured a retail lease for the ground-floor retail space at 1038 Bedford Avenue. The building is located on the corner of Bedford Avenue and Lafayette Avenue in Brooklyn’s Bedford-Stuyvesant neighborhood.

The leased unit contains approximately 1,500 square feet on the ground floor. There is 20 feet of frontage on Bedford Avenue and 30 feet of frontage on Lafayette Avenue. The space was leased to a discount retailer which will take possession of the space in mid-August.

Andrew Clemens, Director of Retail Leasing, exclusively represented the landlord in this long-term lease.

“The retail on Bedford Avenue in the northwest section of Bed-Stuy is really starting to take shape.  Our aggressive marketing efforts produced many offers at the asking price on the property, but ultimately this tenant produced the best terms to secure the lease,” said Andrew Clemens.

Massey Knakal Retail Leasing Services (MKRLS) is a focused retail leasing division whose goal is to ensure that every client obtains creditable tenants at the highest overall rental income. To accomplish this objective, the MKRLS team quickly and efficiently implements well-orchestrated marketing and leasing campaigns geared toward targeted groups of retail candidates.

www.masseyknakal.com

06/20/2012 - 09:34

Source

Cushman & Wakefield Capital Markets Group New York

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