Petco Renews Lease At 2475 Broadway For 10 Years Represented By Andrew Goldberg Of CBRE

The property asset involved is a retail space located at 2475 Broadway, situated in the Upper West Side market. This retail asset encompasses a total square footage of 15,000. Petco is associated with this location due to its recent lease renewal.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 2475 Broadway
• Market: Upper West Side
• Landlord: Stephen Haymes
• Tenant: Petco
• Broker: Andrew Goldberg - CBRE
• Lease Term: 10 years
• Previous Tenure: Roughly 20 years

Andrew Goldberg, representing CBRE, facilitated the lease transaction for Petco. The renewal allows Petco to continue its long-term presence at this location while the company undertakes a restructuring of its balance sheet through a $650M secured note offering.