Industrial Real Estate Management

Archive for May, 2019

Peak Performing Arts signs Fourth Amendment to Lease extending their lease for another three year period.

Peak Performing Arts extends their lease with 734 Grand Avenue, LLC for another three year term. They have been a tenant of 734 Grand Avenue, LLC since May 2014. Peak Performing Arts, formally known as The Viibe, LLC, is a multipurpose facility, offering a dance and fitness center, professional recording studios and a kickboxing gym, catering to both children and adults at all levels. The extended three year term commences June 1, 2019 and terminates May 31, 2022. Tryon Management Corporation represented the landlord in the transaction. Peak Performing Arts occupies 10,787 sq/ft of space, within a 70,875 square foot building. The building is currently configured into five warehouse suites ranging from 7,300 sq/ft to 21,340 sq/ft and a 10,800 sq/ft retail space. The building is in a prime location one block south of Route 46.