Gemic Leases 7000 SF Office Space At 235 Duffield St, Brooklyn
LEASED
New York
See Similar DealsOffice7,000 SF
Leased 08/17/2022
LEASED
Gemic Leases 7000 SF Office Space At 235 Duffield St, Brooklyn
235 Duffield St, Brooklyn, NY, 11201
See Similar DealsOffice7,000 SF
Leased 08/17/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:7,000 SF
Transaction Type:Lease
The office property located at 235 Duffield St, Brooklyn, NY, 11201, in the Brooklyn market, with a total area of 7,000 square feet, has been leased in a recent transaction. Gemic has secured this space for their operations, with JEMB Realty acting as the landlord and Neil V. King III from CBRE representing the landlord's side in the deal.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: Gemic
- Landlord: JEMB Realty
- Tenant's Representative: Marc Mas
- Landlord's Representative: Neil V. King III (CBRE)
- Address: 235 Duffield St, Brooklyn, NY, 11201
- Market: Brooklyn
- Square Feet: 7,000
Marc Mas represented Gemic as the tenant's representative in the lease agreement, while Neil V. King III from CBRE played a crucial role as the landlord's representative. This transaction showcases the collaborative effort between the tenant and landlord, facilitated by their experienced representatives.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$401,235.78
Total Lease Value
$4,012,357.76
Net Landlord Cash Flow$401,235.78
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