DWNTWN Realty Advisors Completes 7-Year Retail Lease Deal In Design District

A retail property located at 112 Northeast 41st Street in the Design District has recently been leased. The property spans a total of 1,068 square feet. The lease term agreed upon is for 7 years, and the asking rent is set at $450 per square foot.

Summary of transaction details

• Property Type: Retail
• Address: 112 Northeast 41st Street
• Market: Design District
• Asking Rent: $450/ft.
• Square Footage: 1,068
• Lease Term: 7 years

The lease deal was facilitated by DWNTWN Realty Advisors, with Tony Arellano and Joe Fernandez as the brokers representing the parties involved. They played a crucial role in negotiating and finalizing the terms of the lease agreement for the retail property in the Design District.