Newmark Grubb Knight Frank (NGKF) Retail is pleased to announce that it recently completed a transaction with Schmackary’s Cookie Company at 193 Bedford Avenue in Williamsburg, Brooklyn.
The lease is for one of two 1,000 square foot stores, currently being marketed by NGKF on the prime block of Bedford Ave between N. 6th and N. 7th Streets in Williamsburg, Brooklyn. The stores-each of which feature a full basement and small backyard space-are 1/2 block from the Bedford Avenue L train subway station, which boasts an annual ridership of 8.3 million and is one stop from Manhattan. The remaining 1,000-square-foot store at 193 Bedford Ave is still available for lease.
Hymie M. Dweck, managing director, NGKF Retail, who along with associate director, Joseph Colista, represented the landlord Reno Capital LLC, commented, “The arrival of Schmackary’s to Bedford Ave continues the trend of gourmet food retailers seeking prime locations in Williamsburg. They are precisely the type of high-end, artisanal brand we sought for the space and will be a welcome addition to the boutique retail experience of Bedford Ave.”
Harrison Abramowitz, also of NGKF Retail, represented the tenant Schmackary’s in this transaction. Their new location marks this gourmet cookie company’s expansion. Schmackary’s is located in the Theatre District at 45th and 9th Avenue. The store delivers throughout Manhattan and ships their cookies nationwide.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF’s 12,000 professionals operate from more than 330 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.