Vibe Fitness is taking 55,000 square feet across three floors at 10-04 Borden Avenue in Queens. The initial lease term is 10 years and the average asking rent at the complex, which is also home to the indoor skydiving facility iFLY, is $65 per square foot.
Adam Joly and Rachel Cohen of Igloo, Vorea’s commercial leasing arm, brokered the deal for the landlord. George Maragonis and James Tack of Pinnacle Realty and New York Squared Real Estate Group’s Constantine Hrisikos represented the tenant.
Read the full story at The Real Deal