Omni Management Group Leases Retail Space To Aldi Supermarket In Jamaica

The retail property located at 92-23 168th Street in Jamaica, Queens, was leased to Aldi Supermarket in a Modified Gross Lease agreement. The lease rent for the 17,655 square feet space was set at $36 per square foot.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $36/ft ~ SF: 17,655
• Address: 92-23 168th Street
• Market: Jamaica, Queens
• Landlord: Omni Management Group
• Tenant: Aldi Supermarket
• Broker: Greg Parassio - Booth Street
• Lease Type: Modified Gross Lease

Greg Parassio of Booth Street represented the landlord, Omni Management Group, in the leasing transaction with Aldi Supermarket. The deal marks a significant agreement in the retail space market of Jamaica, Queens.