Equity Residential Management Leases Retail Space To Cheese Plate At 175 Kent Avenue Brooklyn

The asset involved in the transaction is a retail property located at 175 Kent Avenue in Brooklyn. The lease is set at an asking rent of $130 per square foot, encompassing a total area of 2,434 square feet. The lease agreement is structured as a Modified Gross Lease with a term of 15 years.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $130/ft
• Lease Term: 15 Years
• Lease Type: Modified Gross Lease
• Landlord: Equity Residential Management
• Tenant: Cheese Plate
• Landlord's Representative: Benjamin Weiner - Ripco
• Tenant's Representative: Joey Kafif - Safdie Realty Group
• Square Footage: 2,434

Key individuals in this transaction include Benjamin Weiner representing the landlord through Ripco and Joey Kafif representing the tenant, Cheese Plate, through Safdie Realty Group. Safdie Realty Group specializes in landlord and tenant representation across Brooklyn, the Bronx, Manhattan, and Queens.