Avraham Jalas Leases Office Space To Mcdonald Law At 1277 Mcdonald Avenue For $40/ft

The property involved in the transaction is an office located at 1277 Mcdonald Avenue in the Brooklyn market. The asset encompasses a total square footage of 4,000 and is leased at an asking rent of $40 per square foot. The lease is structured as a NNN Lease with a term of 5 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $40/ft
• Square Footage: 4,000
• Address: 1277 Mcdonald Avenue
• Market: Brooklyn
• Landlord: Avraham Jalas
• Tenant: Mcdonald Law
• Landlord's Representative: Solomon Betesh & Jonathan Lib - Momentum Realty Group
• Tenant's Representative: Victor Terzi - Momentum Realty Group
• Lease Term: 5 years
• Lease Type: NNN Lease

The transaction involved key individuals from Momentum Realty Group, with Solomon Betesh and Jonathan Lib representing the landlord Avraham Jalas, while Victor Terzi represented the tenant Mcdonald Law. This collaboration highlights the role of these representatives in facilitating the lease agreement.