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Danny Wegman Signs Lease For Second Manhattan Location Near Lincoln Center
LEASED
+ 1
New York
See Similar DealsRetail58,874 SF
Leased 02/13/2024
LEASED
Danny Wegman Signs Lease For Second Manhattan Location Near Lincoln Center
1932 Broadway
See Similar DealsRetail58,874 SF
Leased 02/13/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:58,874 SF
Transaction Type:Lease
Danny Wegman, Chairman of Wegmans, has signed a lease for 58,874 square feet at 1932 Broadway in Manhattan. This location near Lincoln Center could potentially be the grocery chain's second Manhattan store.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 58,874
- Address: 1932 Broadway
- Market: Manhattan
The landlord for this lease agreement is Harry Litwin and Leonard Litwin of Glenwood Management. The tenant, Danny Wegman, will be opening a new Wegmans store in this space. The deal was facilitated by brokers Ben Davis, Gene Spiegelman, Peter Ripka, and Beth Rosen of Ripco.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,374,622.15
Total Lease Value
$33,746,221.53
Net Landlord Cash Flow$3,374,622.15
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