Nata Signs Lease For Bakery Concept At 11 Waverly Place And 23 Clinton Street In Manhattan

The properties involved in this lease transaction are located at 11 Waverly Place and 23 Clinton Street in Manhattan. The retail spaces encompass a total square footage of 1,000 SF, with an asking rent set at $150 per foot. The lease type is categorized as a Single Net Lease, highlighting the terms of the rental agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Square Footage: 1,000 SF
• Address: 11 Waverly Place & 23 Clinton Street
• Market: Manhattan
• Sublandlord: Tammy Na
• Tenant: Nata
• Sublandlord's Representative: Eli Gold - RTL Real Estate
• Tenant's Representatives: Tyler Zar, Adam Lavian & Tanner Zar - Titan Group New York
• Lease Type: Single Net Lease

Nata, the tenant, is the first dedicated Pastel de Nata production house in Manhattan, introducing a modern grab-and-go concept focused on the authentic taste of Portugal’s iconic pastry. They are eager to revitalize the neighborhoods surrounding their new locations while planning for future expansion. The tenant's representatives from Titan Group New York are committed to enhancing commercial and residential leasing opportunities.