Quiznos on the bay.
The new location is at 514 86th St., off the corner of Fifth Avenue, in one of Brooklyn's top retail shopping districts. The 15-year lease has an aggregate rent of more than $2.4 million. A subsidiary of Century 21 owns the property.
"We're pleased to be a part of Quiznos' aggressive expansion into the metropolitan marketplace," said Franklin Zuckerbrot, president of S&Z. "During the past 18 months, we have been fortunate to secure some of the best locations within the region, which has enabled Quiznos to quickly establish a major presence here."
"On a national level Quiznos is the most sought after sandwich chain by landlords and we have been very successful in demonstrating the value of their tenancy within our community as well," said Douglas Weinstein, managing director of S&Z. "Ultimately Quiznos envisions several hundred locations here over the next few years."
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|Publication:||Real Estate Weekly|
|Article Type:||Brief Article|
|Date:||Aug 11, 2004|
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