D6 Hospitality Signs Modified Gross Lease At 201 8th Avenue Chelsea With Landlord Dimitris Vattes

The property asset involved in the transaction is a retail space located at 201 8th Avenue in Chelsea. The lease agreement is structured as a Modified Gross Lease with an asking rent of $220 per square foot for a total square footage of 1,100.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $220/ft
• Address: 201 8th Avenue
• Market: Chelsea
• Landlord: Dimitris Vattes
• Tenant: D6 Hospitality
• Brokers: Ben Biberaj - IPRG Retail Leasing & Joseph Sobolov - Investment Property Realty Group

The deal highlights the involvement of broker representatives Ben Biberaj from IPRG Retail Leasing and Joseph Sobolov from Investment Property Realty Group, who facilitated the lease transaction between the landlord and the tenant.