NEW YORK CITY-Drugstore chain Duane Reade has leased an 18,000-square-foot space at 711 Third Avenue for 20 years. The lease consists of a basement space spanning 11,000 square feet and a ground floor space measuring 7,000 square feet. The asking rent for corner ground floor space was $175 per square foot in the area.
In the transaction, Winick Realty Group's Jeff Winick negotiated on behalf of the tenant, while an in-house team represented the landlord, SL Green Realty Corp. For the full story, go to Crain's New York Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
