Goddard School Leases Retail Space At 77 Commercial Street In Brooklyn For 20 Years

The property asset involved in this transaction is located at 77 Commercial Street, Brooklyn. This retail space is a total of 10,172 square feet under a modified gross lease with a lease term of 20 years. The asking rent for this property is set at $75 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 77 Commercial Street
• Market: Brooklyn
• Landlord: Clipper Equity
• Tenant: Goddard School
• Lease Type: Modified Gross Lease
• Lease Term: 20 Years
• Asking Rent: $75/ft
• Square Footage: 10,172
• Brokers: Ravi Idnani, Aric Trakhtenberg & Ross Berkowitz - Newmark

The deal involves Clipper Equity as the landlord and Goddard School as the tenant, facilitated by brokers Ravi Idnani, Aric Trakhtenberg, and Ross Berkowitz from Newmark, representing the parties in this lease agreement.