Crown Acquisitions has signed leases for three retailers in the Fulton Street area of Downtown Brooklyn.
Forever 21 will occupy 40,000 s/f at 490 Fulton Street. The 40,000 space is in the lower level of the five-story building.
Asking rent for the lower level space was $55 psf and ask for main floor was $325 psf.
The upper 3 floors of the building are Long Island University dorms. The lower and main floors are retail and tenants include Planet Fitness, Raymour & Flanigan, Express, Swarovski, Chase Bank, IHOP, and now Forever 21.
Journeys has leased 4,000 s/f at 452 Fulton, an eight-story retail/dorm building whose upper floors also house dorms.
The lower, main and second floors have retail spaces that include the new Adidas store.
Burger King will be located at 522 Fulton Street in a 3,500 s/f space. Asking rent was $250 psf.