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Urban View Leases Retail Space In Bushwick To The Learning Factory On Evergreen St

499-503 Evergreen
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This Retail property located in NY was leased almost 2 years ago. The brokers of the deal were Stephen Forino, John Le Vine, and Joseph DiPiazza

A retail property located at 499-503 Evergreen in Bushwick has been leased. The property, totaling 8,500 square feet, was leased to The Learning Factory. The lease was facilitated by Joseph DiPiazza, John Le Vine, and Stephen Forino of EXR. The asking rent for the space was $34 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Address: 499-503 Evergreen, Bushwick
  • Tenant: The Learning Factory
  • Broker: Joseph DiPiazza, John Le Vine, and Stephen Forino - EXR
  • Asking Rent: $34/ft.
  • Size: 8,500 SF

The lease deal was successfully negotiated by Joseph DiPiazza, John Le Vine, and Stephen Forino of EXR. They represented the landlord, Urban View, in the transaction. The lease agreement provides exceptional value to all stakeholders, including the community.

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Deals
  • Location
    499 Evergreen Avenue, Brooklyn, New York 11221, United States499 Evergreen Avenue, Brooklyn, New York 11221, United States
  • Area
    8,500 SF8,500 SF
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Stephen Forino

Stephen Forino

Deals11
Financed$47M

John Le Vine

John Le Vine

Deals29
Financed$47M

Joseph DiPiazza

Joseph DiPiazza

Deals23
Financed$47M

Agency

EXR

EXR

Agency
Deals103
Volume$141M

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Deal Summary

LEASE IMAGE: Stephen Forino, Joseph DiPiazza & John Le Vine DATE: 05/04/2022 ADDRESS: 499-503 Evergreen MARKET: Bushwick ASSET TYPE: Retail LANDLORD: Urban View - Bobby Mitcheli TENANT: The Learning Factory BROKERS: Joseph DiPiazza, Director (@JosephDiPiazza), John Le Vine & Stephen Forino - EXR (@EXRNY) ASKING RENT: $34/ft. ~ SF: 8,500 NOTE FROM @EXRNY: @EXRNY strikes again with another retail deal for its exclusive client, Urban View. Led by its intrepid captains of commercial real estate John Le Vine and Joseph DiPiazza, 8,500 SF has left to the promised land of occupancy at heart-warming PPSF numbers that deliver exceptional value to all stakeholders and most importantly, the community. Huzzah!

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499-503 Evergreen

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