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Deals & Dealmakers

Pie shop prowling for more space

Café chain Stolle signed a lease for its first Brooklyn location, securing 550 s/f of prime ground-floor retail space with 40 feet frontage at 119 Court Street on the corner of State Street in Downtown Brooklyn.

Winick Realty Group’s Aaron S. Fishbein, Stolle’s exclusive broker in New York City, represented the bakery in the 10-year lease transaction.

“This is a prime retail corner, surrounded by not only an incredibly strong co-tenancy — including Trader Joes, Maison Kayser, Barnes and Nobles, United Artists Theatre and Lenscrafters — but also a dense office and residential population,” said Fishbein.

Earlier in 2015, Fishbein leased a retail and commissary space for Stolle at Jamestown LP’s Falchi Building in Long Island City. That commissary will service the Court Street location, as well as four additional sites that Fishbein is actively negotiating in Manhattan.

Stolle’s new storefront is a corner division of Tio Pio, the sublessors on the space, who were represented by Winick Realty Group’s Jordan Kaplan and Zach Diamond.

Stolle continues to seek sites in Manhattan ranging from 300 to 700 s/f.

The bakery was established in Russia in 2002 and specializes in creating both sweet and savory pies.

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