Nuits Bakery Signs 10-Year Lease At 233 South 3rd Street In Brooklyn With Greenbrook Partners

The asset involved in the transaction is a mixed-use property located at 233 South 3rd Street in Brooklyn. The lease was secured at an asking rent of $120 per square foot, covering a total area of 1,500 square feet. The lease term established is for a duration of 10 years under a Modified Gross Lease type.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $120/ft
• Square Footage: 1,500
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Landlord: Greenbrook Partners
• Landlord's Representative: Jordan Raphan, Akram Mozeb & John Ganim - KSR
• Tenant: Nuits Bakery
• Tenant's Representative: Jack Sash Basora & Joshua Azizian - Tahari Realty

The key individuals involved in this transaction include Greg Fournier representing Greenbrook Partners as the landlord, while Jack Sash Basora and Joshua Azizian represented Nuits Bakery as the tenant. The landlord's team comprised Jordan Raphan, Akram Mozeb, and John Ganim from KSR who played a significant role in facilitating the lease deal.