Michael Hirschorn Of Jenel Management Leases Retail Space To LONZA Shoes At 946 Kings Highway

The asset involved in this transaction is a retail property located at 946 Kings Highway in Brooklyn. The lease has a term of 10 years, with an asking rent of $90 per square foot for a total of 1,250 square feet. The lease type is classified as a Single Net Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $90/ft
• Square Footage: 1,250
• Address: 946 Kings Highway
• Market: Brooklyn
• Landlord: Michael Hirschorn - Jenel Management
• Tenant: LONZA Shoes
• Brokers: Solomon Betesh & Jonathan Lib - Momentum Realty Group
• Lease Term: 10 Years
• Lease Type: Single Net Lease

The key individuals involved in this transaction include Michael Hirschorn representing Jenel Management as the landlord and LONZA Shoes as the tenant. The brokerage firm Momentum Realty Group was represented by brokers Solomon Betesh and Jonathan Lib, who facilitated the lease agreement.