Moonshine Bakery Leases Retail Space In Lower East Side Manhattan For 10 Years

The property located at 111 Bowery in Lower East Side, Manhattan, was leased for a retail space. The deal involved Building Equity Management as the landlord and Moonshine Bakery as the tenant. The lease, facilitated by Aaron Shirazi and Jared Minc from Building Equity Management, had an asking rent of $95 per square foot for a space spanning 2,300 square feet. The lease term was set at 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not Applicable
• Address: 111 Bowery
• Market: Lower East Side, Manhattan
• Landlord: Building Equity Management
• Tenant: Moonshine Bakery
• Brokers: Aaron Shirazi & Jared Minc - Building Equity Management
• Asking Rent: $95/ft
• Square Footage: 2,300
• Lease Type: Full-Service Gross
• Lease Term: 10 Years

Aaron Shirazi and Jared Minc, acting as representatives of Building Equity Management, played key roles in finalizing the lease deal for the retail space. This transaction highlights the successful collaboration between the landlord and the tenant, with both parties aiming to secure a long-term agreement beneficial to their respective business interests.