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New York & Tri-State  + Outer  + Retail  |  March 29, 2024
Emily Fu
By: Emily Fu

Guitar Center Moves to New Downtown BK Location 

Guitar Center is moving out of its underground space at Atlantic Terminal Mall to a new location at The Paxton, two blocks away. The musical instrument retail chain signed a 15-year lease for 19,289 square feet on the ground floor and lower level of the residential tower at 540 Fulton Street in Downtown Brooklyn.  

Ripco Real Estate represented landlord Jenel Real Estate with a team of Hymie Dweck, Abraham Dayan and Ben Weiner, asking rents at $200 per square foot on the ground floor and $40 per square foot on the lower level. Guitar Center has been at Atlantic Terminal for 19 years and plans to open its new location by the end of next year. 

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Inside The Story

Abraham Dayan

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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