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M Properties Group.

M Properties Group has completed a direct leasing transaction between the ownership of 96 Bogart St. and MySpace NYC, a residential real estate brokerage firm with multiple locations throughout Brooklyn. The long-term deal was for the entire 7,500 s/f ground floor space, which was asking $55 psf. MySpace intends to have its office and showroom at this Bushwick corner. 96 Bogart St. is located at the Morgan L train station, the most popular MTA station of all pure industrial zones in New York City with approximately 2.5 million riders annually. The building has a total of 15,000 s/f, with another 7,500 s/f remaining on the second floor, which is suitable for office, fitness, or event space use. The new space will feature large new windows, exclusive elevator access from the street, and brand new building systems. Lane Sanders and Max Lu represented the landlord exclusively on this leasing transaction.

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Title Annotation:NEW YORK; commercial leases
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1U2NY
Date:Mar 29, 2017
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