Widdi Family Leases Retail Space To 718 Dance Collective At 450 Grand Avenue Brooklyn

The property asset is located at 450 Grand Avenue in Brooklyn, featuring a retail space with a total square footage of 1,033. The asking rent for the lease is set at $83 per square foot, and the lease term is for 10 years under a NNN lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $83/ft
• Lease Term: 10 Years
• Lease Type: NNN Lease
• Landlord: Widdi Family
• Tenant: 718 Dance Collective
• Landlord's Representative: John Le Vine & Joseph DiPiazza - EXR
• Tenant's Representative: Jeffrey Lopez - Lee & Associates

Key individuals involved in this transaction include John Le Vine and Joseph DiPiazza, who represent the landlord, and Jeffrey Lopez, who represents the tenant. All parties have facilitated the lease agreement for this retail property, ensuring the terms align with both the landlord's and tenant's requirements.