Eretz Group Leases Retail Space To Barney Brown At 295 Madison Avenue For 10 Years

The property asset in this transaction is a retail space located at 295 Madison Avenue in the Grand Central market. It encompasses a total area of 1,718 square feet and is leased under a single net lease for a term of 10 years at an asking rent of $150 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Lease Term: 10 Years
• Lease Type: Single Net Lease
• Landlord: Eretz Group
• Tenant: Barney Brown
• Landlord's Representative: Steven Evans & Khashy Eyn - Platinum Properties
• Tenant's Representative: Michael Segerman & Roy Abraham - Current Real Estate Advisors

The deal involved multiple key representatives including Steven Evans and Khashy Eyn from Platinum Properties, representing the landlord, and Michael Segerman and Roy Abraham from Current Real Estate Advisors, representing the tenant, Barney Brown. Each party played a critical role in facilitating this lease agreement.