Centennial Properties Leases Retail Space To De Luxie Spa At 941 2nd Avenue

The retail asset involved in this transaction is located at 941 2nd Avenue, situated in the Turtle Bay market. The property encompasses a total of 800 square feet and operates under a Modified Gross Lease arrangement. The asking rent for the space is set at $83 per square foot.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 941 2nd Avenue
• Market: Turtle Bay
• Landlord: Centennial Properties
• Tenant: De Luxie Spa
• Landlord's Representative: Elliot Wygoda & Ben Biberaj - Meridian Capital Group
• Tenant's Representative: Yu Yong - EastRiver Realty
• Lease Type: Modified Gross Lease

This transaction involved key representatives from both the landlord and tenant sides. Elliot Wygoda and Ben Biberaj from Meridian Capital Group represented Centennial Properties, while Yu Yong from EastRiver Realty represented De Luxie Spa in the negotiation and execution of the lease agreement.