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

Massey Knakal Secures New Lease For Williamsburg Corner Retail Space

10/15/2013

Massey Knakal Retail Leasing Services has secured a new retail tenant for 101 Metropolitan Avenue, located on the corner of Metropolitan and Wythe Avenues in Brooklyn’s Williamsburg neighborhood.

The space contains approximately 945 square feet on the ground floor with 12-foot high ceilings.  It features a large glass storefront with approximately 21 feet of frontage on Metropolitan Avenue and 50 feet on Wythe Avenue.  It benefits from additional basement space and a location with high auto and pedestrian counts.  The space will be occupied by an apparel store.

Neighboring tenants include Soul Cycle, Baggu, Blue Bottle Café, CVS, SEA Thai, Brooklyn Fox, Dumont Burger, Radegast Hall & Biergarten, and Commune.

“Our comprehensive marketing efforts produced over a dozen offers from very well-qualified tenants in the first 30 days of marketing the property for lease,” saidMassey Knakal’s Andrew Clemens, who exclusivelyrepresented the landlord in this transaction.  “The Wythe Avenue corridor has become a hot destination for new retailers looking to enter this highly dynamic neighborhood,” 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

10/15/2013 - 14:37

Source

Cushman & Wakefield Capital Markets Group New York

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