-- JRT Realty Group arranges 5,000-square-foot lease on behalf of Dr. Smood at Vanbarton Group property --
JRT Realty Group in conjunction with Cushman & Wakefield, arranged a 5,000-square-foot lease for Dr Smood at Vanbarton Group’s Austell Place, also known as the Zipper Building, located at 47-16 in Long Island City. The organic juicer will take a portion of the ground floor for a seven-year lease term.
Brokerage team Greg Smith, Lauren Calandriello, Kristen Morgan and Ellen Israel of JRT Realty Group – along with Ethan Silverstein and Corey Horowitz from Cushman & Wakefield represented the landlord in the transaction.
Jordan Gosin from Newmark Grubb Knight Frank represented Dr Smood in the transaction.
Dr Smood – a USDA certified organic, kosher and non-GMO smoothie and juice vendor – is a “revolutionary café” based in Miami. The company concentrates its efforts on “smart foods” and healthy lifestyle enhancements. Austell Place will house Dr Smood’s central production servicing its growing roster of boutique cafes across the City. Dr Smood will also have a retail component at Austell Place, catering to the building’s hundreds of daily workers and visitors as well as the surrounding community.
“The Vanbarton Group has demonstrated tremendous service to its Long Island City tenants,” saidPresident Greg Smith of JRT Realty Group. “Vanbarton properties provide special-use features that are ideal for tenants who seek innovative workspaces. With expansive floor plans and a highly desirable location, this property provides creative and boutique businesses with all the work space resources to thrive.”
The Zipper Building at Austell Place, formerly known as the Waldes Zipper Factory, has undergone a major capital improvements program that included renovations to the façade, lobby, ground retail and elevators.
The property is located a few blocks from the Hunters Point Avenue Train Station, the 7 subway line and Queensboro Plaza subway station. The area is also conveniently accessible to major highways.
In addition to Austell Place, JRT Realty Group – in cooperation with Cushman & Wakefield – represented Vanbarton’s Offices at the Square, a 90,000-square-foot property at 35-37 36th Street that is now fully leased with notable tenants including WeWork (its first Queens location) and The Miami Ad School.
About JRT Realty Group
JRT Realty Group Inc., the nation’s largest certified woman-owned commercial real estate services firm, provides a full-range of customized services, including strategic planning, corporate real estate portfolio management, tenant representation, leasing and property marketing, financing, and investment sales.
The company has an industry-unique strategic alliance with Cushman & Wakefield to assist clients in achieving their supplier diversity goals by expanding their vendor base to include Minority- and Woman-Owned Business Enterprises.
JRT Realty has a proven record of success in helping Fortune 500 and institutional clients, as well as federal, state and city governments, achieve aggressive, multi-million dollar diversity spending goals through innovative business solutions.
For more information, visit Jrtrealty.com, or follow the company on TwitterandLinkedin.
