Northlink Capital Leases Retail Space At 510 Driggs Ave To The Learning Experience In Williamsburg

The property involved in this transaction is located at 510 Driggs Ave. in Williamsburg, Brooklyn. It is a retail asset with a total square footage of 12,250 SF. The asking rent is set at $165 per square foot. The leased space includes 3,915 SF on grade and 8,335 SF of sub-grade space, with 5,500 SF on the ground floor and 2,500 SF of sub-grade space remaining.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $165/ft.
• Address: 510 Driggs Ave.
• Market: Williamsburg, Brooklyn
• Landlord: Northlink Capital
• Tenant: The Learning Experience
• Brokers: Brendan Thrapp & Nate Mallon - Verada

Brendan Thrapp and Nate Mallon from Verada represent the landlord, Northlink Capital, in this lease transaction. The Learning Experience is confirmed as the newest tenant for the property, further solidifying the asset's role in the local market.