Indigo Hotel Leases 17,765 SF Retail Space To TMPL Fitness In Williamsburg Brooklyn

The property asset involved in this transaction is a retail space located at 500 Metropolitan Avenue in Williamsburg, Brooklyn. The lease type is a Retail Lease, with an asking rent of $60 per square foot for a total area of 17,765 square feet. The landlord for the property is Indigo Hotel.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $60/ft
• Address: 500 Metropolitan Avenue
• Market: Williamsburg, Brooklyn
• Landlord: Indigo Hotel
• Tenant: TMPL Fitness
• Brokers: Eli Yadid, Nathan Ades & Rafael Benor - KSR
• Lease Type: Retail Lease

KSR represented both the landlord, Indigo Hotel, and the tenant, TMPL Fitness, in this off-market transaction, highlighting their role in facilitating the deal.