Sant Ambroeus Leases 7000 SF Retail Space At 200 Vesey St, New York
LEASED
New York
See Similar DealsRetail7,000 SF
Leased 07/11/2017
LEASED
Sant Ambroeus Leases 7000 SF Retail Space At 200 Vesey St, New York
200 Vesey St, New York, NY, 10281
See Similar DealsRetail7,000 SF
Leased 07/11/2017
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:7,000 SF
Transaction Type:Lease
The upscale restaurant chain Sant Ambroeus is set to open a 7,000-square-foot restaurant at Brookfield Property Partners’ 200 Vesey Street in New York. The restaurant, spanning two floors, will feature a coffee shop and dining room, fronting on West Street.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not available
- Tenant: Sant Ambroeus
- Market: New York
- Tenant's Rep: Spencer Levy (CBRE)
- Landlord: Brookfield Property Partners
- Square Feet: 7000
- Address: 200 Vesey St, New York, NY, 10281
The eatery, known for its Milanese cuisine and celebrity following, is expected to open in the second quarter of 2018 under a 15-year lease agreement. Sant Ambroeus' move to Brookfield Place signifies a significant expansion for the upscale restaurant chain.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$401,235.78
Total Lease Value
$4,012,357.76
Net Landlord Cash Flow$401,235.78
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