Madison Realty Capital Advisors Leases Retail Space To 5 Fifty5 Jiujitsu In Brooklyn

The property asset involved in this transaction is a retail space located at 555 Waverly Avenue in Brooklyn. The landlord for this asset is Madison Realty Capital Advisors. The tenant entering into the lease is 5 Fifty5 Jiujitsu. The asking rent for this space is set at $75 per square foot for a total of 2,500 square feet. The lease term is established for 10 years under a Modified Gross Lease type.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $75/ft
• Square Footage: 2,500
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Address: 555 Waverly Avenue
• Market: Brooklyn
• Landlord: Madison Realty Capital Advisors
• Tenant: 5 Fifty5 Jiujitsu
• Tenant's Representative: William Chaplin & Aric Trakhtenberg - Newmark

Key individuals in this deal include the landlord, Madison Realty Capital Advisors, and the tenant, 5 Fifty5 Jiujitsu. The tenant is represented by brokers William Chaplin and Aric Trakhtenberg from Newmark, who have facilitated this leasing transaction.