Staten Island, NY. — Kimco Realty Corp. has signed 14 new tenants to The Boulevard on Staten Island, an open-air retail center in Staten Island. Applebee’s, Old Navy, Party City, Spectrum, Urban Planet and Sterling Optical have opened at the property. Lobo Loco, Panera Bread, On a Roll, Hawaii Poke Bowl, Menchie’s Frozen Yogurt, Greek Xpress and Tropical Smoothie Café and jewelry retailer Michael’s Jewelry of NY are set to open within the next few months. During the first quarter of 2022, Alamo Drafthouse Cinema, New China Hibachi, Sese Spa, …
Syracuse, N.Y. — Cleeman Realty Group has negotiated the $4.2 million sale of Airport Plaza, a 97,000-square-foot shopping center in Syracuse. The property was fully leased at the time of sale. Sam Seelenfreund of Cleeman Realty represented the undisclosed buyer and seller in the off-market transaction.
New York City — Target is set to open a 90,000-square-foot store at Kings Plaza, an enclosed shopping mall owned by Macerich in the New York City borough of Brooklyn. J.C. Penney formerly occupied the three-level space. A timeline for opening was undisclosed. Tenants at Kings Plaza include Primark, Burlington, Zara, Macy’s, Michael Kors, Chipotle Mexican Grill, Megumi of Japan, Sbarro and Yong Kang Street.
New York City — Bathhouse has signed a 34,328-square-foot lease at 7 West 21st St. in Manhattan’s Flatiron District. The location within Friedland Properties’ 289,809-square-foot residential building will be the company’s first in Manhattan to accompany its space in Brooklyn’s Williamsburg area. Jason Pruger and Lucas Kooyman of Newmark represented Friedland Properties in the lease negotiations. Ross Eisenberg of RDE Advisors Inc. represented Bathhouse.
New York City — NorthMarq has arranged a $17.5 million CMBS loan for the refinancing of Eltingville Shopping Center, a 98,523-square-foot retail property in Staten Island. Tenants include Rite Aid, Advance Auto Parts and Santander Bank. Charles Cotsalas and Robert Delitsky of NorthMarq arranged the 10-year, interest-only loan through an undisclosed direct lender. The borrower was also not disclosed.
New York City — Brookfield Properties has opened Manhattan West, an eight-acre mixed-use development located on New York City’s west side. Manhattan West includes retail, restaurant, residential, office and hospitality uses. The centerpiece of the open-air project, which was designed by Skidmore, Owings & Merrill, is a 2.5-acre public plaza. Retail tenants include Whole Foods Market, The NHL Store, Starbucks Coffee, Peloton Store, City National Bank and Midnight Theatre.
New York City — Foot Locker Inc. (NYSE: FL) has acquired Eurostar Inc., the operator of WSS stores primarily located on the West Coast, for $750 million. WSS will maintain its name, operating as a new brand within Foot Locker’s portfolio. The New York City-based company has also appointed Anthony Aversa to the role of chief operating officer at WSS in conjunction with the acquisition. Aversa will oversee the brand’s market planning, real estate and customer experience functions. Evercore served as financial advisor to Foot Locker and Skadden, Arps, Slate, …
Niagara, N.Y. — Atlantic Capital Partners has brokered the sale of Wegmans Plaza, a 122,876-square-foot shopping center in the Upstate New York community of Niagara. Wegmans anchors the property, which was 80 percent leased at the time of sale. Justin Smith, Chris Peterson, Shannon Older, Sam Koonce and Molly Lynch of Atlantic Capital Partners represented both unnamed parties in the transaction.
New York City — Emerald Creek Capital has provided a $15 million first mortgage bridge loan for a 300,000-square-foot mixed-use building located in Queens. The property includes 22 floors of hotel space, 10 levels of medical office space and 50,000 square feet of retail and event space. The building also features 300 below-grade parking spaces. Dean Wang of Emerald Creek Capital originated the financing on behalf of the borrower, Fleet Financial Group.
Great Neck, N.Y. — Namdar Realty Group has sold a portfolio of 10 net-leased retail properties located across five states. Five of the properties are located in California. Two assets are in Oregon, and each of the remaining three properties are split between Illinois, Maine and Connecticut. The portfolio spans more than 100,000 square feet and was approximately 95 percent leased at the time of sale to tenants such as Buffalo Wild Wings, Best Buy, Cost Plus World Market, State Farm, AT&T and Uno Pizzeria. Andrew Ebrani and Jonathan Abda …