Muss Development LLC has now brought its retail condo at 345 Adams Street in Downtown Brooklyn to full occupancy.
Frozen yogurt retailer Orange Leaf — which signed a long-term, 1,000 s/f lease — joins fellow eateries Panera Bread, Potbelly, and Hill Country, as well as internationally renowned child care organization, Bright Horizons Family Solutions, in the lineup of retail tenants at 345 Adams Street.
Panera Bread and Potbelly are already open. Muss expects the other retail tenants to be fully operational by the end of the year.
Muss purchased the first two floors of the property at 345 Adams Street from the city in a unique transaction, and has engaged in a multi-million dollar capital improvements campaign to convert the former city owned-and-occupied office space into a high-end retail offering.
The redevelopment of 345 Adams Street is part of a larger campaign to redevelop and reposition Downtown Brooklyn as one of the country’s most sought-after work/live/play neighborhoods.
“We are thrilled to have leased the final retail space at 345 Adams Street,” said Joshua L. Muss, president of Muss Development. “There is a wonderful synergy here at 345 Adams Street. The tenants will not only form a cohesive presence, but the successful redevelopment is symbolic of the neighborhood’s continuing evolution.
“With new retail, restaurants, businesses, and hotels joining the community every day, Downtown Brooklyn is looking brighter than ever.”
Ariel Schuster and Brian Segall, of RKF, represented Muss in the Orange Leaf transaction. Henry Goldfarb, Stanley Lindenfeld, and Adam Frisch, of Lee & Associates NYC, represented the tenant.
Muss is now actively leasing the 14,500 /s/f, two-floor restaurant space at its adjacent 335 Adams Street property, formerly occupied by Morton’s The Steakhouse.