Solil Management Leases Retail Space To Alejandro Shoe Repair At 145 West 55th Street

The property asset involved in this transaction is located at 145 West 55th Street in the Midtown market. The retail space has a square footage of 1,000 and is leased under a Modified Gross Lease at an asking rent of $150 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Lease Type: Modified Gross Lease
• Landlord: Solil Management
• Tenant: Alejandro Shoe Repair
• Tenant's Representatives: Ben Biberaj - IPRG Retail Leasing & Joseph Sobolov - Investment Property Realty Group

Key individuals involved in the deal include Ben Biberaj and Joseph Sobolov, who represented the tenant, Alejandro Shoe Repair, in the leasing transaction. Their involvement highlights the collaboration between their respective agencies during this closed property transaction.