Consolidated Baking Signs 10-Year Lease For Retail Space At 1 Ludlow Street, Lower East Side, Manhattan

The property involved in this lease transaction is a retail space located at 1 Ludlow Street in the Lower East Side of Manhattan. The asset has a total square footage of 375 square feet and is owned by Building Equity Management, represented by Jared Minc. The tenant, Consolidated Baking, has signed a lease agreement with the landlord for a term of 10 years. The asking rent for the space is $336 per square foot.

Summary of transaction details

• Property Type: Retail
• Address: 1 Ludlow Street, Lower East Side, Manhattan
• Landlord: Building Equity Management, represented by Jared Minc
• Tenant: Consolidated Baking
• Asking Rent: $336/ft
• Lease Term: 10 Years

In this lease deal, Consolidated Baking, a renowned tenant, has secured the retail space at 1 Ludlow Street in the Lower East Side. This transaction was facilitated by Jared Minc, the representative of Building Equity Management. The lease term is for a duration of 10 years, with the tenant paying an asking rent of $336 per square foot.