Kol Mriza Leases Retail Space To Lokl Cafe At 38 Grand Street In Soho Manhattan

The asset involved in this transaction is a retail space located at 38 Grand Street within the Soho market of Manhattan. The property consists of 800 square feet and was leased for an asking rent of $157 per square foot under a modified gross lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $157/ft
• Address: 38 Grand Street
• Market: Soho, Manhattan
• Landlord: Kol Mriza
• Tenant: Lokl Cafe
• Landlord's Representative: John Roesch & Mariko Tanaka - Meridian Capital Group
• Tenant's Representative: The Agency
• Square Footage: 800
• Lease Type: Modified Gross Lease

Key individuals involved in this deal include the landlord Kol Mriza and tenant Lokl Cafe. The landlord is represented by John Roesch and Mariko Tanaka from Meridian Capital Group, while the tenant is represented by The Agency. This transaction illustrates the collaboration between these parties in securing the lease for the retail space.