Penelope Fashion Leases Mixed-Use Space In Crown Heights, Brooklyn From DelShah Capital

A mixed-use property located at 673 Nostrand Ave in Crown Heights, Brooklyn was leased in a closed transaction. The property is owned by DelShah Capital and the tenant is Penelope Fashion. The deal was facilitated by David Quigua of EXR. The asking rent for the property was $60 per square foot, with a total size of 307 square feet. The lease was signed on October 1, 2020.

Summary of transaction details

• Property Type: Mixed-use
• Tenant: Penelope Fashion
• Landlord: DelShah Capital
• Broker: David Quigua of EXR
• Asking Rent: $60 per square foot
• Total Square Footage: 307 sq ft
• Lease Date: October 1, 2020

This lease deal highlights the collaboration between Penelope Fashion and DelShah Capital, with David Quigua from EXR acting as the broker representing the parties involved. The transaction demonstrates the ongoing demand for mixed-use properties in the Crown Heights market in Brooklyn.