Daniel Kim Leases Retail Space At 81-07 Kew Gardens Road From Yong Chen For $68/ft

The property asset involved in the transaction is a retail lease located at 81-07 Kew Gardens Road in the Kew Gardens market. This new development encompasses 10,000 square feet and has been fully leased at an asking rent of $68 per square foot.

Summary of transaction details:

• Property Type: Retail Lease
• Transaction Amount: $68/ft
• Address: 81-07 Kew Gardens Road
• Market: Kew Gardens
• Tenant: Daniel Kim
• Landlord: Yong Chen
• Broker: Li (Barbie) Li - B Square Realty
• Lease Type: Retail Lease

Li (Barbie) Li, representing B Square Realty, facilitated this lease-up, which now features tenants including TOUS les JOURS, a global French-Asian bakery brand, and KidsUnited, a national youth soccer franchise. This leasing approach aimed to create a community-focused retail ecosystem, enhancing the property’s long-term asset value through a carefully curated tenant mix.