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

Massey Knakal Secures New Lease For Bedford Stuyvesant Retail Space

11/13/2013

Massey Knakal Retail Leasing Services has secured a new retail tenant for 1407 Fulton Street, located between Tompkins and Marcy Avenues in Brooklyn’s Bedford Stuyvesant neighborhood.

The space contains approximately 2,100 square feet on the ground floor with 12 foot high ceilings.  It features approximately 30 feet of frontage along Bed-Stuy’s busiest retail corridor.  The space will be occupied by a discount store.

This space is conveniently located in close proximity to public transportation, with the C train at Kingston Avenue 1.5 blocks away and the A and C trains at Nostrand Avenue three short blocks away.  Neighboring tenants include Citibank, Applebee’s, Chase, Dunkin’ Donuts, Duane Reade, Burger King, and Foodtown.

“The Fulton Street retail corridor in Bed-Stuy has been improving dramatically over the past couple of years,” said Massey Knakal’s Andrew Clemens, who exclusively represented the landlord in this transaction.  “While the more desirable blocks seem to be west of Nostrand Avenue, pioneering retailers can still find bargains farther east along the block,” he added.

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

11/13/2013 - 10:22

Source

Cushman & Wakefield Capital Markets Group New York

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