Jem Realty Leases Retail Space To Lens Lab At 961 Southern Boulevard In Bronx

The property asset involved in this transaction is a retail space located at 961 Southern Boulevard in the Bronx. The lease type is a retail lease, with an asking rent of $150 per square foot for a total area of 1,200 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Square Feet: 1,200
• Address: 961 Southern Boulevard
• Market: Bronx
• Landlord: Jem Realty - Alan Jemal
• Tenant: Lens Lab
• Brokers: Solomon Sharaby & Jack Khaski - KSR
• Lease Type: Retail Lease

This transaction involved key representatives from the brokerage community, with Solomon Sharaby and Jack Khaski serving as brokers for the deal. Their role was crucial in aligning the interests of the landlord, Jem Realty, and the tenant, Lens Lab, throughout the lease agreement process.