Agus Holdings Leases Retail Space To Lids On Fulton Mall For $150/ft

The retail property located at 517 Fulton Mall in the Fulton Mall market has been leased to Lids. The lease agreement was facilitated by Adam Agus representing the landlord, Agus Holdings, and Ryan Condren & Elijah Mehl of JLL representing the tenant. The lease is a Modified Gross Lease with a term of 10 years and an asking rent of $150 per square foot for a space measuring 1,500 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not Applicable
• Address: 517 Fulton Mall
• Market: Fulton Mall
• Landlord: Agus Holdings
• Tenant: Lids
• Landlord's Rep: Adam Agus - Booth Street
• Tenant's Rep: Ryan Condren & Elijah Mehl - JLL
• Asking Rent: $150/ft
• Lease Type: Modified Gross Lease
• Lease Term: 10 Years

In this transaction, Adam Agus from Booth Street and Ryan Condren & Elijah Mehl from JLL played crucial roles as the representatives for the landlord and tenant respectively, ensuring the successful completion of the lease agreement for the retail space at 517 Fulton Mall. The 10-year term and the terms of the Modified Gross Lease were negotiated by these key individuals, highlighting their expertise in the commercial real estate sector.