FM Capital Leases Mixed-use Property At 160 Van Brunt Street To O-O-2 Pickleball
New York
See Similar DealsFM Capital Leases Mixed-use Property At 160 Van Brunt Street To O-O-2 Pickleball
160 Van Brunt Street
See Similar DealsSummary
The asset involved in the transaction is a mixed-use property located at 160 Van Brunt Street in Brooklyn. The lease has an asking rent of $30 per square foot, covering a total area of 14,000 square feet. The lease term agreed upon is 10 years, and it is structured as a modified gross lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $30/ft
- Square Footage: 14,000
- Lease Term: 10 years
- Lease Type: Modified Gross Lease
- Landlord: FM Capital
- Tenant: O-O-2 Pickleball
- Landlord's Representative: Eddie Keda & Chandler Slate - Tri State Commercial Realty
- Tenant's Representative: Mendel Sears - Tri State Commercial Realty
The key individuals in this transaction include Eddie Keda and Chandler Slate, who represent the landlord FM Capital, and Mendel Sears, who represents the tenant O-O-2 Pickleball. All representatives are associated with Tri State Commercial Realty, facilitating the lease agreement.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want