Wells Fargo Bank Leases Retail Space In Douglaston, Queens At 248-40 Northern Boulevard

A retail property located at 248-40 Northern Boulevard in Douglaston, Queens has been leased. The property spans 2,964 square feet and the lease is of the NNN type. The asking rent for the space was $300 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: N/A
• Address: 248-40 Northern Boulevard, Douglaston, Queens
• Market: Douglaston, Queens
• Tenant: Wells Fargo Bank
• Landlord: Chai 26 NB - Chaim Ryan

The landlord's representative in the deal was David Payami from Capital Property Partners, while the tenant was represented by Chris Betting and Annette Healey from CBRE.

Capital Property Partners successfully negotiated the NNN lease for the property at a record-breaking price per square foot. For any leasing needs, interested parties can reach out to David Payami at Capital Property Partners.

Contact information for David Payami:
Phone: 212-252-1200 Ext 136
Email: [email protected]