R Squared Appoints Newmark Knight Frank Exclusive Leasing Agent for Deegan Gateway in The Bronx
R Squared and Newmark Knight Frank market 430,000 square feet of centrally-located flex space at Deegan Gateway, the largest commercial loft building in The Bronx, NY. Strategic location provides ideal opportunities for multiple users.
Bronx, NY (PRWEB) May 12, 2009 -- Adding to the rebirth of The Bronx and the more than $3.5 billion in new developments throughout the borough, R Squared Real Estate Partners is now offering centrally-located flex space at Deegan Gateway, the largest commercial loft building in the area. The ownership has appointed prominent commercial brokerage firm Newmark Knight Frank as its exclusive leasing agent to market office and warehouse space within the 430,000-square-foot property. The announcement was made by Mitchell Rechler and Gregg Rechler of R Squared.
"These are exciting times for The Bronx and we are extremely pleased to play a part in the transformation taking place throughout the borough," said Mitchell Rechler. "We believe there is great demand in for quality flex space in a neighborhood poised to explode with activity. Deegan Gateway's strategic location and our hands-on approach to ownership will make it one of the best values anywhere in the borough."
Ideally situated at the epicenter of seven major bridges, five accessible thoroughfares and three rail systems from its address at 385 Gerard Avenue, Deegan Gateway is a true entryway to the business community in Manhattan, New Jersey, Westchester and Queens. It also sits in the heart of all the major developments currently taking shape in The Bronx including the recently completed and opened $1 billion Yankee Stadium. The property boasts 36,000-square-foot floorplates and windows on all four exposures, as well as dedicated loading docks and freight elevators, along with a passenger elevator and adjacent surface parking.
The Newmark Knight Frank team of Howard Kesseler, Jordan Gosin and Justin DiMare will oversee the leasing campaign on behalf of R Squared.
"We are excited to be representing this complex and we look forward to finding the right tenants to take advantage of everything this facility and location have to offer," said Mr. Kesseler. "Deegan Gateway is the only property in The Bronx boasting large open floorplates, convenient access to a plethora of transportation options and unique signage opportunities, providing excellent brand visibility."
"Deegan Gateway is ideally positioned in both a NY Empowerment Zone and a NY State Economic Development Zone and is already ICIP approved, providing outstanding tax and job creation benefits to relocating companies," continued Gregg Rechler.
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