T-Mobile Signs Lease For Retail Space At 2875 West 8th Street Brooklyn With Landlord Michael Lonuzzi

The property asset involved in this transaction is a retail space located at 2875 West 8th Street in the Brooklyn market. The lease was executed for a total square footage of 1,000 and is structured as a Single Net Lease. The asking rent for this property has been set at $70 per square foot.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $70/ft
• Square Footage: 1,000
• Address: 2875 West 8th Street
• Market: Brooklyn
• Landlord: Michael Lonuzzi
• Tenant: T-Mobile
• Brokers: Noam Aziz & Daniel Rachline - Meridian Capital Group
• Lease Type: Single Net Lease

Noam Aziz and Daniel Rachline, representing Meridian Capital Group, facilitated this transaction on behalf of the landlord and tenant. This lease arrangement reflects a strategic decision for T-Mobile to secure retail space in a key market area.