**Sterling Equities Sees Retail Leasing Momentum Across Brooklyn**
Sterling Equities is reporting continued leasing momentum across its Brooklyn retail portfolio, underscoring the growing demand for high-quality retail space in the borough. Most recently, the company finalized a 15-year lease for 2,400 square feet with JETSET Pilates at 472 Atlantic Avenue in Boerum Hill. This marks the studio’s first location in Brooklyn. The deal was brokered by Alex Beard and Jason Pennington of RIPCO Real Estate, representing Sterling.
In addition to the Atlantic Avenue lease, Sterling is drawing strong interest for its retail space at 384 Court Street in Carroll Gardens. Given the sought-after nature of second-generation restaurant spaces and the premier location, the company anticipates the property will lease quickly.
“It’s refreshing to experience an uptick in leasing momentum across our Brooklyn retail portfolio, which reflects both the strength of our high-quality assets and the appeal of the locations,” said Robert Bergman of Sterling Equities. “Interest and tour activity at these properties is the strongest we have seen in several years and we anticipate continued leasing activity in the coming months as the Brooklyn retail market continues to stabilize.”
Sterling Equities’ recent activity signals optimism for the broader Brooklyn retail landscape, fueled by tenant interest in strategically located and well-positioned properties.