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

Massey Knakal Secures Retail Lease In Crown Heights

01/30/2013

Massey Knakal Retail Leasing Services has secured a retail lease for 1406 St. John’s Place, located between Schenectady and Utica Avenues in the Crown Heights neighborhood of Brooklyn.

The site contains approximately 650 square feet of ground floor space, plus basement space.  It benefits from approximately 17 feet of frontage on a heavy foot and auto trafficked block.  It has shared loading dock access with the large, well run MET Foodmarket next door. The site will be occupied by a hair salon.

The site is ideally located close to major mass transit routes.  The Crown Heights – Utica Avenue subway stop, which sees 8.5 million passengers annually, is just two blocks away, and the B46 bus route, the second busiest route in New York City, is less than a block away.

“Through our comprehensive marketing efforts we produced over a dozen offers to lease the space,” said Massey Knakal Director of Retail Leasing Andrew Clemens, who exclusively handled this transaction.  “Ultimately, the owner decided to accept an established tenant who had been operating in the area for over seven years,” 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

01/30/2013 - 12:43

Source

Cushman & Wakefield Capital Markets Group New York

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