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

Massey Knakal Secures Tenant For Upper West Side Retail Space

08/29/2013

Massey Knakal Retail Leasing Services has secured a new long-term lease for a retail space in a new luxury residential condominium at 101 West 87th Street(560-568 Columbus Avenue), located between Columbus and Amsterdam Avenues in Manhattan’s Upper West Side neighborhood.

The site contains approximately 1,431 square feet on the ground floor with an additional 1,000 square feet of basement space.  It benefits from approximately 25 feet of high visibility frontage on one of the most heavily foot trafficked blocks of Columbus Avenue.  The site will be occupied by a private school.

This space is located within close proximity to bus stops and the 1, 2, and 3 subway lines at the 86th Street station.  Neighboring retailers include Starbuck’s, Radio Shack, TD Bank, Chase Bank, Subway, Duane Reade, and Gristedes.

 “A retail space with 25 feet of frontage and over 1,400 square feet is very rare on this stretch of Columbus Avenue.  Thanks to our extensive marketing campaign, we were able to find a tenant that was a perfect fit for this space,” said Massey Knakal’s David Chkheidze who exclusively represented the landlord in this long-term lease with CEO Paul J. Massey, Jr.  “We're delighted to be able to help the client, and from our perspective this is just another example of David's focus and expert knowledge of the upper west side. The client and the tenant are a perfect match,” added Paul.

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

 

08/29/2013 - 08:27

Source

Cushman & Wakefield Capital Markets Group New York

Want more news about Cushman & Wakefield Capital Markets Group New York? Click here