Gyu Kaku Signs 15 Year Retail Lease With Roxann Management At 620 Amsterdam Avenue

The property asset involved in this transaction is a retail lease located at 620 Amsterdam Avenue in the Upper West Side market. The asking rent for this asset is $125 per square foot, with a total square footage of 5,000. The lease term is set for 15 years, indicating a long-term commitment. The landlord of this property is Roxann Management, who oversees the leasing arrangement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $125/ft
• Lease Term: 15 years
• Address: 620 Amsterdam Avenue
• Landlord: Roxann Management
• Tenant: Gyu Kaku
• Broker: Matthew Ball - Ripco

This transaction sees Gyu Kaku commit to its Upper West Side location for an additional 15 years, further solidifying their presence in the area. Matthew Ball from Ripco represents the interests of Gyu Kaku in this deal, facilitating the leasing negotiations with Roxann Management.