Verizon Leases Retail Space At 163-08 Jamaica Avenue From Solil Management For $115/ft

The asset involved in this transaction is a retail space located at 163-08 Jamaica Avenue in the Jamaica market. The total square footage of the property is 2,500 square feet, and the asking rent is $115 per square foot. The lease type is a retail lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $115/ft
• Address: 163-08 Jamaica Avenue
• Market: Jamaica
• Landlord: Solil Management
• Tenant: Verizon
• Brokers: Solomon Sharaby, Albert Manopla & David Sabbagh - Kassin Sabbagh Realty
• Lease Type: Retail Lease

This transaction features notable broker representations from Solomon Sharaby, Albert Manopla, and David Sabbagh, who are affiliated with Kassin Sabbagh Realty. Their involvement was crucial in facilitating this lease agreement between Solil Management as the landlord and Verizon as the tenant.