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New York Real Estate Journal

Condren and Danut of CPEX act for landlord in four leases at Pioneer Building

Three national and international retailers and a fast-growing café concept have leased more than 10,000 s/f of space in the Pioneer Building at 41 Flatbush Ave., considered by many to be “the most accessible building in Brooklyn.” CPEX Real Estate’s Brooklyn Retail Leasing Team, consisting of managing director Ryan Condren and associate director George Danut, represented the landlord in all four lease transactions.

All four tenants are expected to move in by the end of this year:

Blick Art Materials will occupy 7,700 s/f on the ground level and lower level. Joshua Siegelman of Winick Realty represented the tenant.

Since 1911, artists of all ages and skill levels have looked to Blick for a wide range of high-quality art supplies at affordable prices, supported by a team of knowledgeable associates and a 100% satisfaction guarantee. Now in its third generation of family ownership, Blick currently has more than 65 retail stores in 25 states across the country.

Smoothie King will lease 1,200 s/f of ground floor retail space. The tenant was represented by Nick Masson of Schuckman Realty.

Blending fruit and vegetable smoothies with high-quality ingredients since 1973, Smoothie King has more than 800 locations in over 130 countries around the globe. The Pioneer Building will be its third location in the city.

Coffee Project New York has agreed to lease 1,000 s/f on the ground floor. Alexander Karas of Winick Realty represented the tenant in lease negotiations.

Voted “New York’s Most Loved Café” by Time Out New York in 2016, this will be its first location in the borough.

United Parcel Service (UPS), will occupy 800 s/f of ground floor space at 41 Flatbush Ave. HUDSON’s Nicole Liebman represented UPS in the transaction.

“We are happy with this mix and caliber of tenants for the Pioneer Building,” said Tyler Wilkins, partner at Quinlan Development Group. “This lineup will provide a good set of amenities to the office residents upstairs and the neighborhood.”

For more, download the full article in PDF

NYRE Journal_11217_Condren and Danut of CPEX act for landlord in four leases at Pioneer Building

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

Real Estate Weekly

Pioneer Building lands Blick Art Materials, Smoothie King as retail tenants

Three national and international retailers and a fast-growing café concept have leased more than 10,000 S/F of space in the Pioneer Building at 41 Flatbush Avenue.

CPEX Real Estate’s Brooklyn Retail Leasing Team, consisting of managing director Ryan Condren and associate director George Danut, represented the landlord in all four lease transactions.

All four tenants are expected to move in by the end of this year.

Blick Art Materials will occupy approximately 7,700 s/f of space on the ground level and lower level.

Since 1911, artists of all ages and skill levels have looked to Blick for a wide range of high-quality art supplies at affordable prices, supported by a team of knowledgeable associates and a 100% satisfaction guarantee.

Now in its third generation of family ownership, Blick currently has more than 65 retail stores in 25 states across the country. Joshua Siegelman of Winick Realty represented the tenant.

Smoothie King will lease approximately 1,200 s/f of ground floor retail space. Blending fruit and vegetable smoothies with high-quality ingredients since 1973, Smoothie King has more than 800 locations in over 130 countries around the globe.

The Pioneer Building will be its third location in New York City. The tenant was represented by Nick Masson of Schuckman Realty.

Coffee Project New York has agreed to lease approximately 1,000 s/f of space on the ground floor.

Voted “New York’s Most Loved Café” by Time Out New York in 2016, this will be its first location in Brooklyn. Alexander Karas of Winick Realty represented the tenant in lease negotiations.

United Parcel Service (UPS), the world’s largest package delivery company, will occupy approximately 800 s/f of ground floor space at 41 Flatbush Avenue. HUDSON’s Nicole Liebman represented UPS in the transaction.

“We are happy with this mix and caliber of tenants for the Pioneer Building,” said Tyler Wilkins, partner at Quinlan Development Group.

“This lineup will provide a good set of amenities to the office residents upstairs and the neighborhood.”

CPEX is exclusively marketing approximately 12,000 s/f of remaining available space on Flatbush Avenue and Rockwell Place.

Targeted uses include gourmet markets, cafés, fitness operators, traditional retail, and restaurants or gastro pubs, with a lease currently out with a day care operator. Asking rent for the remaining available space ranges from $80 to $140 per square foot.

Located at the intersection of the BAM Cultural District, Fort Greene, and Boerum Hill in Downtown Brooklyn, the Pioneer Building is a ten-story, 260,000 s/ft Class A office building.

The nearby Atlantic Terminal-Barclays Center subway station offers access to nine different subway lines, plus four others within a three-minute walking radius. The space is close to the Fulton Street Mall and Atlantic Terminal Mall, as well as several other national retailers that include an Apple store and Whole Foods.

Quinlan Development Group and Building and Land Technology (BLT) own and operate the property. They recently completed a $30 million redevelopment to convert the former storage facility into a 24/7 Class A office building with ground floor retail.

For more, download the full article in PDF

rew_102517_Pioneer Building lands Blick Art Materials, Smoothie King as retail tenants

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

 

New York Observer

Blick Art Materials Among Retailers Opening Outposts in DoBro

Illinois-based Blick Art Materials has inked a 7,700-square-foot deal at 41 Flatbush Avenue, also known as the Pioneer Building, in Downtown Brooklyn, Commercial Observer has learned.

The company, a third-generation store that sells a wide variety of art supplies, will occupy a 1,400-square-foot part of the ground floor and 6,300 square feet on the lower level of the building between Livingston Street and Lafayette Avenue, according to information provided by CPEX Real Estate. The asking rent for the ground-floor section was $125 per square foot, and the deal is for 10 years.

Blick currently operates more than 65 retail stores in 25 states around the country. The company has six locations in the Big Apple, including one soon-to-be opened outpost in Harlem at 261 West 125th Street between Frederick Douglass and Adam Clayton Powell Jr. Boulevards. The new store in Downtown Brooklyn will be the second in Brooklyn. The first Kings County location is at 536 Myrtle Avenue between Grand Avenue and Steuben Street in the Clinton Hill section of the borough.

CPEX’s Ryan Condren and George Danut handled the deal for the landlords, Quinlan Development Group and Building and Land Technology. Winick Realty Group’s Joshua Siegelman brokered the deal for the tenant. Siegelman declined to comment via a spokeswoman.

In addition to Blick, there were three smaller-sized retail transactions at the building, which recently underwent a $30 million gut renovation, with designs by Beyer Blinder Belle, as CO previously reported. Each of the tenants are expected to move in by the end of the year. Their asking rents were $125 per square foot and the leases are all for 10 years.

Smoothie King, which makes fruit and vegetable drinks for more than 800 locations around the globe, will take part of the ground floor in a 1,200-square-foot transaction for 10 years. This will be its third location in New York City. Nick Masson of Schuckman Realty handled the deal for Smoothie King.

Coffee Project New York, a coffee shop, completed a 10-year, 1,000-square-foot lease on the ground floor for its first location in Brooklyn. Alexander Karas of Winick represented the tenant.

And the United Parcel Service (UPS) took an 800-square-foot ground floor space for The UPS Store. Hudson’s Nicole Liebman represented UPS in the 10-year transaction.

“We are happy with this mix and caliber of tenants for the Pioneer Building,” Tyler Wilkins, a partner at Quinlan Development Group, said in a statement. “This lineup will provide a good set of amenities to the office residents upstairs and the neighborhood.”

There is still 12,000 square feet of retail space available at the building, which is being marketed exclusively by CPEX. The brokerage is targeting gourmet markets, cafés, fitness centers, restaurants and gastro pubs. Asking rent for the remaining available space ranges from $80 per square foot to $140 per square foot.

“The secured tenants form a solid foundation for the overall activity at the base of the Pioneer Building,” Danut said in a prepared statement.

Digital media and podcast production company Gimlet Media signed a nearly 27,000-square-foot lease at the building to be the first office tenant, as CO reported in June.

For more, download the full article in PDF

NY Observer-102017-Blick Art Materials Among Retailers Opening Outposts in DoBro

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

For the Record

Chelsea Piers inked a deal for 52,000 square feet at 33 Bond St. The 22-year-old entertainment and sports firm plans to open a gym in the Downtown Brooklyn building. The average asking rent for the ground-floor space was $100 per square foot. The landlord, TFC, was represented in-house along with a team from Winick Realty group. The tenant was represented in-house.

For more, download the full article in PDF

CRAIN’S_091017_For the Record

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

The top 10 NYC retail leases in July

Between upscale fitness chains and consignment shops to even e-commerce monster Amazon, the city’s retail leasing market saw it all in the month of July.

The 10 biggest retail lease deals signed last month totaled 219,942 square feet, up 46,370 square feet from May’s total, 173,572 square feet. And the largest lease happened to be inked in Brooklyn.

Check out the top 10 list below:

1) Chelsea Piers, 300 Livingston Street, Downtown Brooklyn – 52,000 square feet

The sports and entertainment company inked a lease for a new fitness club with 52,000 square feet of retail space at 300 Livingston Street. This new location will be the company’s second, with the first being — yep, you guessed it — Chelsea Piers in West Chelsea. Steve Gonzalez of TF Cornerstone represented the landlord in-house, along with a Winick Realty Group team comprised of Steven Baker, Aaron Fishbein and Daniyel Cohen. Chelsea Piers represented itself in-house.

For more, download the full article in PDF

THE REAL DEAL_080217_The top 10 NYC retail leases in July

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

New York Real Estate Journal

Gonzalez of TF Cornerstone and Baker, Fishbein and Cohen of Winick lease 52,000 s/f to Chelsea Piers

33 bondTF Cornerstone Inc. (TFC) has  signed a 52,000 s/f lease with Chelsea Piers at 300 Livingston St., the retail portion of 33 Bond St., located between Schermerhorn and Livingston Sts. situated at the crossroads of Boerum Hill and Downtown Brooklyn. This development is TFC’s first borough location and is the center of one of the fastest-growing residential, office and hotel markets today.

“Downtown Brooklyn has transformed into a multi-faceted, diverse marketplace where top retailers such as Apple, Whole Foods and now Chelsea Piers are seeing a unique opportunity to reach their target demographics where they live, work and shop,” said Jake Elghanayan, senior vice president of TFC.

Chelsea Piers, known as a leader in sports and fitness, is slated to open a fitness club at 33 Bond in early 2018. When complete, residents will enjoy access from the residential lobby and discounted memberships.

Chelsea Piers was represented in-house for the long-term lease transaction, while TFC was represented by director of retail leasing Steve Gonzalez in collaboration with Winick Realty Group’s president Steven Baker; Aaron Fishbein and Daniyel Cohen.

Baker, Fishbein and Cohen are continuing to market the remaining 8,745 s/f of retail at 300 Livingston St. They are actively speaking with a variety of similarly-upmarket retailers—including artisanal food services, pantry operations, home goods and high-quality restaurants—who will create a strong co-tenancy for the building.

The space consists of 21,000 s/f on the ground floor and 31,000 s/f on the lower level, with high ceilings on both levels. In addition, Chelsea Piers will benefit from a main entrance on Schermerhorn Street, directly across from the expected Ace Hotel.

For more, download the full article in PDF

NYRE Journal_071817_Gonzalez of TF Cornerstone and Baker, Fishbein and Cohen of Winick lease 52,000 sf to Chelsea Piers

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.