Pi Capital Partners Leases Office Space At 136-18 39th Avenue In Flushing For $92/ft

The property asset involved in this transaction is an office space located at 136-18 39th Avenue in Flushing. The asset has a square footage of 691 and is leased at a rate of $92 per square foot. The lease agreement is structured as a Modified Gross Lease with a term of 5 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $92/ft
• Lease Term: 5 years
• Lease Type: Modified Gross Lease
• Landlord: Pi Capital Partners
• Landlord's Representative: Jerry Pi

This transaction highlights the involved parties, revealing that Jerry Pi represents Pi Capital Partners in this lease agreement. The lease arrangement reflects the landlord's positioning in the Flushing market, specifically within the office asset category.