Reade Street Prep Leases Retail Space At 351 Broadway In SoHo With Andrew Stern's Representation

The property asset involved in this lease transaction is located at 351 Broadway in SoHo, Manhattan. The retail space encompasses a total of 12,116 square feet and has an asking rent of $120 per square foot. The lease type agreed upon is a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $120/ft
• Address: 351 Broadway
• Market: SoHo, Manhattan
• Landlord: Broadway Capital Partners
• Tenant: Reade Street Prep
• Landlord's Representative: Andrew Stern, Mai Shachi - Newmark & Bo Poulsen - Brown Harris Stevens
• Tenant's Representative: David Baker - Sinvin Realty LLC

The deal was facilitated by key individuals in the real estate sector, including Andrew Stern and Mai Shachi representing the landlord at Newmark, along with Bo Poulsen from Brown Harris Stevens. David Baker from Sinvin Realty LLC acted as the representative for the tenant, Reade Street Prep.