Sollevare Group Leases Office Space At 294 Atlantic Avenue To The Deep End Films For $50/ft

The property involved in this lease transaction is located at 294 Atlantic Avenue in the Boerum Hill market. It is categorized as an office asset with a total square footage of 900. The asking rent for this property is set at $50 per square foot. The lease term is established for a duration of 5 years, under a Modified Gross Lease structure.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $50/ft
• Lease Term: 5 years
• Lease Type: Modified Gross Lease
• Landlord: Sollevare Group
• Tenant: Jason Fine / The Deep End Films
• Brokers: Joy Fescine & Walker Harrison - Tri State Commercial Realty

The key individuals in this transaction include Jason Fine, who represents The Deep End Films as the tenant, and Sollevare Group acting as the landlord. The leasing arrangement was facilitated by brokers Joy Fescine and Walker Harrison from Tri State Commercial Realty, who played a crucial role in negotiating the terms of the lease.