The Gravity Vault Leases Retail Space In Westbury, Long Island

The retail property located at 1500 Old Country Road in Westbury, Long Island has recently been leased. The property is owned by Lesso Mall Development (Long Island), Dba Samanea NY. The lease transaction was facilitated by Dominic Coluccio, Vice President of Leasing and Development at Lesso Mall Development. The tenant who will occupy the space is The Gravity Vault, an indoor rock climbing gym. The lease deal was negotiated by Colliers International brokers Herb Agin, Matthew Kucker, and Jordan Baruch.

Summary of transaction details:

• Property Type: Retail
• Asking Rent: $60/ft.
• Square Footage: 18,119 SF
• Transaction Date: 01/28/2022

The Gravity Vault's decision to lease this space highlights the demand for indoor rock climbing gyms in the Westbury, Long Island market. Dominic Coluccio of Lesso Mall Development played a key role in securing this lease agreement for the property located at 1500 Old Country Road. The Colliers International team, represented by Herb Agin, Matthew Kucker, and Jordan Baruch, successfully negotiated the terms of the lease on behalf of their client, The Gravity Vault.