Imagine Me Leadership Charter School Leases School In Brooklyn's 39 Truxton Street

The property involved in the transaction is a school located at 39 Truxton Street in Brooklyn. The asset, a state-of-the-art school building, spans 63,000 square feet. The deal was finalized between Bawabeh Realty Holdings, serving as the landlord, and Imagine Me Leadership Charter School, who will be occupying the space.

Summary of transaction details:

• Property Type: School
• Transaction Amount: Not specified
• Address: 39 Truxton Street
• Market: Brooklyn
• Landlord: Bawabeh Realty Holdings
• Tenant: Imagine Me Leadership Charter School
• Landlord's Representative: Steve Nadel & Nechama Liberow - Pinnacle Realty of New York
• Tenant's Representative: Jake Cinti, Stephen Powers & Lindsay Ornstein - OPEN Impact Real Estate
• Asking Rent: $45/ft
• Lease Type: Double Net Lease

Pinnacle Realty of New York brokers Steve Nadel and Nechama Liberow facilitated the deal on behalf of the landlord, Bawabeh Realty Holdings. On the tenant's side, Imagine Me Leadership Charter School was represented by Stephen Powers, Lindsay Ornstein, and Jake Cinti from OPEN Impact Real Estate. This transaction marks the relocation of IMLCS to a new, larger facility, facilitating their plans for increased enrollment and a transition to a co-ed educational model.