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Deals & Dealmakers Leases

LEASES: This week’s leases Under 10,000 s/f

NEW YORK

JAMIE KATCHER

Cushman & Wakefield arranged a 4,950 s/f lease for Other Industries, a post production and video editing firm, at 243 Canal Street in SoHo. Jamie Katcher, Douglas Regal and Sebastian Infante represented the landlords, Canal Street Ventures and City Urban Realty, in the transaction. The six-story office building recently underwent a capital improvement program that introduced a new lobby, passenger elevator, double pane windows and a tenant-only rooftop deck. Each floor has a glass conference room, open style pantry, polished concrete floors and exposed ceilings. The building currently has three units available on the 2nd, 4th and 5th floors.

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BEN WALLER

The Hudson Companies Inc. announced following leases:

• A 10-year, 4,620 s/f lease with the Wandering Barman, a production facility and tasting room for bottled cocktails, at The Breeze at 315 Meserole Street in East Williamsburg. Ben Waller of ABS Partners Real Estate represented Hudson Anthony Diorio and Ben Waller represented Wandering Barman, which will officially open in summer 2020.

• A 6,886 s/f expansion with Ethel’s Club, which opened a 4,570 s/f space at The Breeze in November 2019. The additional space will more than double the company’s footprint at The Breeze. This first of its kind ground floor space is dedicated to providing programming meant to create unique networking and creative opportunities for people of color, by people of color. The company is expanding to include a multi-purpose experiential venue designed for artists of color to create, experiment and perform unique and groundbreaking work across music, art, film and wellness.

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LSL Advisors announced the following leases:

JOEL KUBIE

• NY CBT leased 4,500 s/f across the entire 6th floor at 5 East 16th Street. Asking rent was $68 psf. Eric Shifflett and Joel Kubie represented the tenant. Barbara Craig of NKF represented the landlord

• Sally LaPointe LLC signed a 10-year ease for the entire 5,042 s/f third floor at 31 Howard Street. Asking rent was $63 psf. Michael Hymowitz and Joel Kubie represented the landlord. Elisa Young with Robin Zendell represented the tenant.

• IMGN signed an 8,000 s/f sublease at 142 West 36th Street. The asking rent was $62 psf. The sublettor was EJ2 Communications. The landlord is Alduwaliya Asset Management Ltd. Michael Hymowitz and Joel Kubie of LSL Advisors represented IMGN Media. Owen Reda with Squarefoot represented EJ2 Communications

• ABS Engineering leased the 5,119 s/f fifth floor at 37 West 37th Street. Wayne Siegel and Eric Siegel of LSL Advisors represented the tenant. Max Koeppel with Koeppel Rosen represented the landlord, the Rosen Family.

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Hunt Corporate Services, Inc. announced that Henry Schein has renewed its lease of 17,731 s/f of office space at 137 Commercial Street, Plainview. David G. Hunt represented the landlord, Anton Cerrone Associates. Brian Brostowicz of CBRE represented the tenant. Henry Schein, Inc. headquartered in Melville, New York is a solutions company for health care professionals. The Fortune 500 company has operations or affiliates in 31 countries.

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TerraCRG announced the the following leases:

CAROLINE PARDO

• At 1000 Dean Street in Crown Heights. SACKVILLE, a contemporary cannabis brand, signed a three-year lease for 780 s/f

• Architects Associate, a team of architects who aspire to create a better world, signed a three-year lease for 715 s/f at 1000 Dean Street.

• Spear Physical Therapy leased 3,750 s/f lat 794 Union Street in Park Slope. Spear Physical Therapy has signed a 10-year lease near the asking rent of $36 psf. The space will be delivered as-is. Chris Havens and Caroline Pardo of TerraCRG represented the landlord, and Evan Clements of Dartmouth represented the tenant.

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HOWARD EPSTEIN

Howard Epstein, director/leasing, HSP Real Estate Group, a member of NAI Global, arranged a 2,223 s/f fifth floor office at 16 West 36th Street for Ad.visory Solutions, LLC. The new tenant is a full-service technology firm that provides IT support services, technology audits, security and vulnerability audits, disaster recovery strategies, VOIP solutions, and network optimization. The landlord, Kiamie Industries, was represented by HSP Real Estate Group. The tenant was represented by Alex Bush of Handler Real Estate Organization. Asking rent for the three-year lease was $55 psf. The tenant plans to move from its current offices at 15 West 38th Street into the new space this month.

NEW JERSEY

BARRY COHORSKY

NAI James E. Hanson negotiated a lease for 23,875 s/f of industrial space at 155 Route 46 in Fairfield. Barry Cohorsky and LJ Koch represented the tenant, Kent International, Inc., and Resource Realty’s Greg Sabato represented the landlord, Richards & Robbins, in the transaction. 155 Route 46 is a 40,400 s/f industrial/flex building situated directly off Route 46. A local, family-owned bicycle manufacturer and distributor, Kent International’s history dates back to the early 1900s. Today, Kent International supplies bikes and related accessories to more than 20 countries.

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Denholtz Properties announced 15,368 s/f in new leases, lease renewals and expansions at Northampton Business Park at 1545-1575 Route 37 West in Toms River. Leases include:

• Jack Guarnieri Service Co., Inc. for 2,000 s/f; Culture Posters, Inc. for 1,000 s/f; and Door Quest, Inc. for 1,010 s/f.

• Lease renewals include Design Alternatives for 3,200 s/f; Garden State Garage Doors for 2,250 s/f;Accurate HVAC, LLC for 2,020 s/f; Unimetrix Corporation for 1,600 s/f; The Thrifters for 1,288 s/f; and Automated Concepts for 1,000 s/f.

• 1000 Degrees,one of the nation’s fastest growing fast casual restaurant chains, ;eased 1,625 s/f at the Oak Treet Business Center in South Plainfield.

• VetCor, which owns and operates Oak Tree Animal Clinic, leased 1,365 s/f at Oak STreet Business Center.

• BA2CC Solutions Inc. a software technolog company, leased 1,053 s/f at Oak Treet Business Center.

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