Fricke and Reid Bassinger from Lee & Associates’ Dallas-Fort Worth office represented HelloFresh, in partnership with their New York City-based colleagues Dennis Someck and Justin Myers. The nearly 375,000-square-foot facility will serve as the company’s largest distribution center, joining its Grand Prairie center, and could employ as many as 1,000. https://www.connect.media/hellofresh-plans-dfw-site-for-its-largest-distribution-hub/
Lee & Associates brokers 375,000 s/f HelloFresh lease
New York brokers Dennis Someck and Justin Myers have leased a 375,000 s/f distribution center for meal-kit giant HelloFresh. The Lee & Associates duo quarterbacked the deal for the Texas facility after representing the company in its New York City headquarters relocation last spring. When it opens next spring, the facility is expected to create as many as 1,200 new jobs. https://rew-online.com/lee-associates-brokers-375000-s-f-hellofresh-lease/
Jedd Nero of Lee & Associates Represents Tenant in 1,800 s/f Deal
60 Guilders has executed a lease with Swarovski for 1,800 s/f of ground floor retail space at 542 Broadway in SoHo. Broad said his favorite part of the [deal] was how 60 Guilders connected with the tenant’s broker, Jedd Nero of Lee & Associates. Back in January, 60 Guilders posted an Instagram of managing partner Kevin Chisholm carrying old mannequins out of the store. “The post yielded numerous inquiries about the store, and we were…
Brett Traussi, Chef Boulud’s Former Right-Hand Man, Joins Lee NYC
Brett Traussi, chef Daniel Boulud’s former right-hand man who helped Boulud expand his empire from two restaurants to 17, joined Lee & Associates NYC as a hospitality specialist and retail associate in its retail leasing department. “New York simply cannot bounce back without a vibrant restaurant industry,” Peter Braus, the managing principal at Lee NYC, said in a statement. “Brett has developed and managed memorable restaurants like Restaurant Daniel, Café Boulud and Le Cirque 2000 and will be…
Peter Braus Discusses Lower Manhattan in the COVID-19 Era
As the slowdowns and shutdowns of the COVID-19 era seem likely to last deep into 2021, many analysts and real estate figures see a significant and sustained drop in demand threatening the ecosystem of developments. “We clearly have a need for another stimulus,” said Peter Braus, managing principal of Lee & Associates, a firm that focuses on commercial real estate. “Economists on the left and right agree there’s a need for additional stimulus to recover,…
Peter Braus Brings Chefscape to Greenwich Village
Chefscape, a managed kitchen-cum-food incubator, is replacing ghost kitchen Kitopi in Greenwich Village, Commercial Observer has learned. Chefscape, which operates communal kitchens along with food halls, has signed a 15-year lease for 7,500 square feet at 116 West Houston Street, according to information from Lee & Associates NYC, which brokered the deal. Ghost Kitchen Chefscape Replaces Ghost Kitchen Kitopi on Houston Street
Peter Braus Wins Retail Deal of the Year
Veteran New York retail broker Peter Braus last night picked up the city’s top honor for relocating national restaurant and entertainment chain, City Winery, to the new Pier 57 on the Hudson River. During a virtual awards ceremony hosted by the Real Estate Board of New York, the managing principal of Lee & Associates was honored with The Most Significant Retail Deal of the Year award. Recognized as the most meaningful transaction in its overall…
With new nightclub opening, West 41st Street suddenly a chic spot
The once-drab but increasingly fun-filled block of West 41st Street between Sixth Avenue and Broadway now has the trendy Luma Hotel, several cutting-edge Japanese restaurants and a large SoulCycle outpost. Next, it’s getting a big nightclub. A group called Mixx Lifestyle has signed a lease for 10,000 square feet at Tribeca Associates’ 135 W. 41st St. The deal was done for $233 per square foot on the 4,672-square-foot ground floor. But the full value of…
Lee & Associates NYC Represents the Permanent Mission of Uzbekistan in a 5,378 SF Lease at 630 Third Ave
The Consulate General of Uzbekistan and Permanent Mission of Uzbekistan to the United Nations finalized a 10-year, 5,378-square-foot lease on the fifth floor of the building. The new lease will begin in January 2020. Asking rent for the space was $69 per square foot. Gregory Gang and Sergio Turaev of Lee & Associates represented the Permanent Mission of Uzbekistan. Click here to read the full article from Commercial Observer.