Williamsburg Retail Property Leased for $165/ft
318 Bedford Avenue leased to Dashan
Trust Management has leased 2,550 SF of retail space at 318 Bedford Avenue in Williamsburg to Dashan for $165/ft. The property is located in a prime location in the heart of Williamsburg, which has become a popular destination for young professionals and families alike. The property features high ceilings, large windows, and an open layout that is perfect for a variety of retail uses.
The landlord, Trust Management, is a well-respected real estate investment firm that specializes in acquiring and managing commercial properties in New York City. The firm has a proven track record of success and has been able to generate strong returns for its investors.
The tenant, Dashan, is a well-known retailer that specializes in high-end fashion and accessories. The company has a strong following among fashion-conscious consumers and has been able to establish a loyal customer base in New York City.
The landlord was represented by Abe Steinberg of Doorway NYC, a leading commercial real estate brokerage firm that specializes in leasing and sales in the New York City market. The tenant was represented by Samuel Chera of KSR, a boutique real estate brokerage firm that focuses on high-end retail and commercial properties in New York City.
Overall, this deal represents a win-win for both the landlord and the tenant. The landlord was able to secure a high-quality tenant for its property at a strong rental rate, while the tenant was able to secure a prime location in one of the most desirable neighborhoods in New York City. This deal is a testament to the strength of the New York City commercial real estate market and the continued demand for high-quality retail space in prime locations.