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Wells Fargo Signs Lease For Brooklyn Retail Space At 120 Fifth Ave

120 Fifth Avenue
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This Retail property located in NY was leased 9 months ago. The brokers of the deal were Jason Pennington, Alex Beard, Dean Rosenzweig, Benjamin "Ben" Weiner, Chris Betting, and Annette Healey

Wells Fargo has signed a lease for a 3,500-square-foot retail space located at 120 Fifth Ave., Brooklyn. The property, owned by William Macklowe Co. and GreenBarn Investment Group, will serve as a new retail location for Wells Fargo.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not mentioned
  • Address: 120 Fifth Avenue, Brooklyn
  • Square Footage: 3,500
  • Market: Brooklyn

Representing the tenant, Wells Fargo, were Annette Healey, Chris Betting, and Dean Rosenzweig from CBRE. They played a key role in securing the lease agreement for the retail space. On the other side, representing the landlord, William Macklowe Co. and GreenBarn Investment Group, were Jason Pennington, Alex Beard, and Ben Weiner from RIPCO Real Estate. Their expertise and negotiation skills were instrumental in finalizing the lease deal.

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Deals
  • Location
    120 5th Avenue New York, New York 10011, USA120 5th Avenue New York, New York 10011, USA
  • Area
    3,500 SF3,500 SF
  • Asset Type
    RetailRetail
  • Parties
    6 Brokers, 2 Agencies6 Brokers, 2 Agencies

Agents

Chris Betting

Chris Betting

Deals3
Leased3

Alex Beard

Alex Beard

Deals3
Leased3

Dean Rosenzweig

Dean Rosenzweig

Deals8
Sold$19.3M

Annette Healey

Annette Healey

Deals2
Leased2

Agencies

Ripco

Ripco

Agency
Deals626
Volume$4.2B

CBRE

CBRE

Agency
Deals4229
Volume$184.3B

Deal Summary

LEASE IMAGE: Jason Pennington, Alex Beard, Ben Weiner, Chris Betting, Dean Rosenzweig & Annette Healey DATE: 07/06/2023 ADDRESS: 120 Fifth Avenue MARKET: Brooklyn ASSET TYPE: Retail ~ SF: 3,500 LANDLORD: William Macklowe Co & GreenBarn Investment Group TENANT: Wells Fargo (@WellsFargo) LANDLORD'S REP: Jason Pennington, Alex Beard & Ben Weiner - Ripco (@RipcoRealEstate) TENANT'S REP: Annette Healey, Chris Betting & Dean Rosenzweig - CBRE (@CBRE) NOTE: Wells Fargo has signed a lease for a 3,500-square-foot retail space located at 120 Fifth Ave., Brooklyn. The landlord of the property is William Macklowe Co. and GreenBarn Investment Group, while the tenant was represented by CBRE brokers Annette Healey, Chris Betting, and Dean Rosenzweig, and the landlord was represented by RIPCO Real Estate brokers Jason Pennington, Alex Beard, and Ben Weiner.

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120 Fifth Avenue

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