Jeremy Schwalbe Of Hilson Management Corporation Leases Retail Space To IT Italian Trattoria In Midtown

The property asset involved in this transaction is a retail space located at 390 5th Avenue in Midtown. The asking rent for the space is set at $250 per square foot, encompassing a total area of 2,400 square feet. This retail lease is indicative of the current market dynamics in this area.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $250/ft
• Square Footage: 2,400 SF
• Landlord: Jeremy Schwalbe, Jason Schwalbe & James Schwalbe - Hilson Management Corporation
• Tenant: IT Italian Trattoria
• Brokers: David Green, Solomon Tbeile & Ike Bibi - KSR
• Lease Type: Retail Lease

This transaction highlights the involvement of various key stakeholders. The landlords, Jeremy Schwalbe, Jason Schwalbe, and James Schwalbe, are affiliated with Hilson Management Corporation. The tenant secured the space for IT Italian Trattoria, while the brokerage services were provided by David Green, Solomon Tbeile, and Ike Bibi from KSR.