Silvera Properties Leases Retail Space To Nail Aug At 198 West Broadway In Tribeca

The property located at 198 West Broadway in the Tribeca market is a retail asset featuring a modified gross lease type. The asking rent for the space is set at $125 per square foot, totaling approximately 2,425 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $125/ft
• Address: 198 West Broadway
• Market: Tribeca
• Landlord: Silvera Properties
• Tenant: Nail Aug
• Landlord's Representative: Andrew Stern - Newmark
• Tenant's Representative: Peter Weisman
• Lease Type: Modified Gross Lease

In this transaction, Andrew Stern from Newmark represented the landlord, Silvera Properties, while Peter Weisman represented the tenant, Nail Aug. The details of their representation highlight the roles of each party in facilitating the lease agreement.