Press Release brought to you by Z REALTY GROUP LLC

Z Realty Group Brokers PayPal's First Brick-and-Mortar Location in Tribeca

08/15/2013

Z Realty Group Media Contact:

Maria Ponirovskaya / 201.867.1110 / ext. 101

maria@zrealtygroup.com

 

FOR IMMEDIATE RELEASE

Z REALTY GROUP BROKERS PAYPAL’S FIRST BRICK-AND-MORTAR LOCATION IN TRIBECA

FORT LEE, NJ –Z Realty Group announced the firm has successfully brokered the lease transaction for PayPal’s first Brick and Mortar location in Tribeca, NY.

The San Jose-based online payment company moved into an 8,000 square-foot ground floor space at 147 Hudson Street in New York City. The building, known for its open space and towering windows, was an ideal location for the online money exchange company to introduce retailers to new technology the firm hopes to introduce, said Jamie Patricio, a PayPal spokeswoman.

“The focal point is to showcase some of the tools and technologies that are going to be debuting over the next few months,” she said. The new technology will allow customers to pay for merchandise in stores from their mobile devices, and even arrange for the shop to mail a purchase to the customer’s home with a simple click of a PayPal button.

“The space is geared entirely to retailers, making their location more of a ‘trade conference’ than a ‘storefront,’ said Zeynep “Z” Ekemen, the Managing Principal who runs Z Realty Group, which represented PayPal on the 147 Hudson Street deal.

Keith Radhuberof International Properties Group represented the landlord in the transaction.

PayPal looked at locations across Manhattan, including underneath the Highline near West 14th Street, 57th and Fifth Avenue, Times Square and East 33rd Street.

About Z Realty Group:

Z Realty Group, New Jersey’s only woman-owned full-service commercial real estate brokerage firm specializes in Investment Sales, Industrial Properties, Owner Representation, Real Estate Development, Retail Leasing and Build-to-Suit Leases and Sales. The firm provides a relationship-driven approach to structuring and marketing properties.

For further information, please visit www.zrealtygroup.com

For further information:

Z Realty Group / 201.867.1110 / info@zrealtygroup.com

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08/15/2013 - 13:55

Source

Z REALTY GROUP LLC

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