Verada Leases Retail Space in North Williamsburg for Childcare Program, the Learning Experience

August 22, 2022

NEW YORK, NY – August 22, 2022 – Verada is pleased to announce that The Learning Experience has signed a new lease for approximately 12,250 square feet in total with 3,915 square feet on the ground floor and 8,335 square feet of below grade retail space at 510 Driggs Avenue. The development features 44 residences for sale and 27,000 SF of retail space on the corner of Driggs Ave and North 8th Street in Williamburg, Brooklyn. Verada represented the building’s Ownership, Northlink Capital, in the transaction. The asking price was $165/SF for the ground floor and $60/SF below grade.

The space will house The Learning Experience, an early childhood education concept with over 400 locations across the United States. Their goal is to provide daycare services alongside an enriched preschool curriculum. It is a great addition to the building which includes lots of families, puppies and children in addition to the space occupied by Boris & Horton, a pet-friendly community space and dog-friendly cafe.

The Learning Experience will add to retail sites catering to the growing family demographics in North Williamsburg. Located one block from the Bedford L train and close to McCarren Park, the location caters to desirable clientele for The Learning Experience. Verada utilized this to identify retail tenants that best suited the space and secured the deals before building completion.

“We are thrilled to have landed such excellent, community friendly tenants to anchor the retail space at 510 Driggs. The Learning Experience is a premium children’s daycare and educational provider which will be a most welcomed amenity for the development and neighborhood given the impressive growth of families in Williamsburg over the past few years.” Brendan Thrapp, Managing Partner, Verada.

The Williamsburg location will be the 36th location for The Learning Experience in New York City. For more on The Learning Experience, please visit their website here.

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For media inquiries or questions, please contact:

Nate Mallon
Nathaniel Mallon

Managing Partner o. +1 (212) 634-1688
About  Verada
Verada is a next-generation commercial brokerage and technology-focused marketing platform servicing neighborhood retail. It is a combined vision that leverages its team’s experience, relationships, new ideas, and exclusive listings to create a retail real estate platform that generates opportunities for landlords, tenants, and neighborhoods while delivering a more modern approach to the way we perceive retail real estate. Verada’s focus on integrating technology with best-in-class property presentations, alongside state-of-the-art marketing materials and an interactive platform, engages viewers and provides landlords and tenants with proven results. Verada’s unyielding respect for landlords, tenants, and business owners synergizes with focused outreach and targeted advertising campaigns to create a platform that puts the right individuals in touch with one another and offers several avenues for future success.