Paco International Leases Industrial Property In Brooklyn For $18/ft

The industrial property located at 5809 2nd Avenue in Brooklyn was leased in a deal involving the landlord, Yitzi Swartzman, and the tenant, Paco International Trading Inc. The lease was handled by Moshe Akiva from Tri State Commercial Realty representing the landlord, and Levi Junik from Pinnacle Realty representing the tenant. The lease type for this transaction was a Modified Gross Lease, with an asking rent of $18 per square foot for a total space of 20,000 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not Applicable
• Address: 5809 2nd Avenue
• Market: Brooklyn
• Landlord: Yitzi Swartzman
• Tenant: Paco International Trading Inc
• Landlord's Rep: Moshe Akiva - Tri State Commercial Realty
• Tenant's Rep: Levi Junik - Pinnacle Realty
• Asking Rent: $18/ft
• SF: 20,000
• Lease Type: Modified Gross Lease

The individuals involved in this lease deal showcased the cooperation between notable real estate professionals in Brooklyn. Each party was represented effectively, with Moshe Akiva from Tri State Commercial Realty representing the landlord, Yitzi Swartzman, and Levi Junik from Pinnacle Realty advocating for the tenant, Paco International Trading Inc.