Paths Management Services Leases Retail Space To Morris Avenue Parking In Bronx For $25/ft

The property asset involved in the transaction is located at 655 Morris Avenue in the Bronx, featuring a retail space measuring 27,000 square feet. The asking rent for this property is set at $25 per square foot, and the lease type is classified as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $25/ft
• Address: 655 Morris Avenue
• Market: Bronx
• Landlord: Paths Management Services
• Tenant: Morris Avenue Parking
• Landlord Representative: Michael Paster & Aric Trakhtenberg - Newmark

Michael Paster and Aric Trakhtenberg from Newmark represent the landlord, Paths Management Services, in this leasing transaction with the tenant, Morris Avenue Parking.