Targo Capital Partners Leases Commercial Space To FACEGYM At 110 Reade Street For $110/ft

The asset involved in this lease transaction is a commercial property located at 110 Reade Street in Manhattan. The asking rent for the property is set at $110 per square foot, with a total area of 2,400 square feet. The lease term established is for 10 years under a modified gross lease arrangement.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $110/ft
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Landlord: Targo Capital Partners
• Tenant: FACEGYM
• Landlord's Representative: Steven Evans, Joseph Zalta, Emre Bozkurt & Eric Meyer - Platinum Commercial
• Tenant's Representative: Nick Cowan

This transaction involved key representatives from both the landlord and tenant sides, with Targo Capital Partners leasing the property to FACEGYM. Landlord's representatives included a team from Platinum Commercial, comprising Steven Evans, Joseph Zalta, Emre Bozkurt, and Eric Meyer, while Nick Cowan represented the tenant.