Located at 103 Reade Street in Tribeca, Manhattan, the retail property's lease was successfully transacted on 04/30/2024. The asset spans 5,200 square feet with an asking rent of $100 per square foot, structured as a Modified Gross Lease. The deal involved HUBB NYC as the landlord and C’est Le Medical as the tenant. Polaris Property Group represented the landlord, with Jeff Zheng leading the negotiations, while Newmark's Andrew Stern, Ross Berkowitz, and Ariel Schuster represented the tenant.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 103 Reade Street
• Market: Tribeca, Manhattan
• Size: 5,200 square feet
• Asking Rent: $100/ft
• Landlord: HUBB NYC
• Tenant: C’est Le Medical
• Landlord's Rep: Jeff Zheng - Polaris Property Group
• Tenant's Rep: Andrew Stern, Ross Berkowitz & Ariel Schuster - Newmark
• Lease Type: Modified Gross Lease

Andrew Stern, Ross Berkowitz, and Ariel Schuster of Newmark teamed up to represent C’est Le Medical in this lease agreement, ensuring a successful deal for the tenant. On the other side, Jeff Zheng from Polaris Property Group skillfully negotiated on behalf of HUBB NYC, finalizing the lease terms at the sought-after location in Tribeca.