Martin Palmeri Leases Industrial Space To Derek Chan At 76 Apollo Street In Brooklyn

The property asset involved in this lease transaction is an industrial space located at 76 Apollo Street in the Brooklyn market. The lease type is a Modified Gross Lease, with an asking rent of $24 per square foot for a total area of 8,500 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $24/ft
• Address: 76 Apollo Street
• Market: Brooklyn
• Landlord: Martin Palmeri
• Tenant: Derek Chan
• Broker: John Oliveri - STL Realty LLC

John Oliveri of STL Realty LLC served as the sole broker in this transaction, representing both the landlord, Martin Palmeri, and the tenant, Derek Chan, throughout the negotiation process.