Igal Namdar Of Namdar Realty Corp. Leases Office At 160 Great Neck Road To Proud Moments ABA For $38/ft

The property asset involved in this transaction is an office located at 160 Great Neck Road in the Great Neck market. The office space consists of 8,100 square feet, and the asking rent is set at $38 per square foot. The lease has a term of 10 years and is categorized as a modified gross lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $38/ft
• Square Footage: 8,100
• Address: 160 Great Neck Road
• Market: Great Neck
• Landlord: Igal Namdar - Namdar Realty Corp.
• Tenant: Proud Moments ABA
• Landlord's Representative: Raymond Mordekhai - Forest Park Properties Inc. & Pascal Spagna - Mason Asset Management
• Tenant's Representative: Cushman & Wakefield
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease

The key individuals involved in this deal include Igal Namdar representing Namdar Realty Corp. as the landlord. Meanwhile, the tenant, Proud Moments ABA, is represented by Cushman & Wakefield. The landlord's representation further includes Raymond Mordekhai from Forest Park Properties Inc. and Pascal Spagna from Mason Asset Management.