Currently viewing the tag: "Globe Street"

Globe Street

Nordstrom Boosts Planned Manhattan Store

3-Columbus-Circle (1)Even though Manhattan’s first Nordstrom hasn’t opened yet, the store already is expanding.

SL Green Realty Corp. and the Moinian Group have signed a 43,000-square-foot, 23-year lease with the upscale department store to anchor three levels of retail space at 3 Columbus Circle. The new store will serve as an expansion of the Nordstrom full-line flagship store, which is slated to debut on West 57th Street in 2018.

The transaction involved a series of lease modifications and relocations—including the buyout of the corner bank branch in advance of lease expiration—continuing SL Green’s strategy of replacing below market leases throughout its portfolio, according to an announcement from both companies.

New Yorkers have waited a long time to welcome Nordstrom, a retailer that flourishes throughout the United States and which will further solidify Midtown Manhattan as the destination for high-end retail shopping,” notes Brett Herschenfeld, SL Green managing director, “We are thrilled that such a prestigious, world-class retailer will anchor 3 Columbus Circle at the corner of Broadway and 57th Street.”

Derek Trulson from JLL and Stephen Stephanou from Crown Retail Services represented Nordstrom while Jeff Winick of Winick Realty Group acted on behalf of the landlord.

For more, download the full article in PDF

globe street-012916-Nordstrom Boosts Planned Manhattan Store

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.

Globe Street

Deal Tracker

steven-baker-258x300New York Kids Club has signed a long-term lease at 1827 First Ave., located on the Northwest Corner of First Avenue and East 94th St. The 3,824-square-foot space sits at the base of the Chesapeake, a 208-unit luxury rental apartment building owned by Fetner. Winick Realty Group president Steven Baker represented the landlord, along with Aaron S. Fishbein and Jeremy Wintner. The tenant was represented by Neal Ohm of Neil Cabot Ohm.

For more, download the full article in PDF

globe street-012216-Deal Tracker

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.

Globe Street

Deal Tracker

hal-shapiro-258x300L’Oreal has signed a lease for a retail store and training facility at 404 Fifth Ave., between 36th and 37th Streets. The beaut brand is set to occupy a 1,000-square-foot retail space on the ground floor and a 9,000-square-foot second floor for training. Winick Realty Group’s Hal Shapiro, Lee Block and CEO Jeff Winick worked with Juda Chetrit and the Chetrit Group to secure the tenant. L’Oreal was represented by CBRE’s Andrew Goldberg and Preston Cannon.

For more, download the full article in PDF

globe street-101215-Deal Tracker

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.

Globe Street

Office and Retail Leases, Refinancings Lead Deal News This Week

tyler-bennet-258x3005Office and retail leases continued to dominate New Jersey and Pennsylvania market activity in recent weeks, while financial firms took advantage of the market’s appetite for well-collateralized loans to helped clients reposition their financial obligations. Here are some highlights:

Fast-casual sandwich franchise Jersey Mike’s Subs has leased 1,800 square feet at Galloping Hill Center. North Plainfield, N.J.-based Levin Management is exclusive leasing and managing agent for the 68,000-square-foot shopping center. Levin’s leasing representative Marcia Minton negotiated the long-term lease. Gary Krauss of Winick Realty Group NJ served as the tenant’s broker in the transaction.

Buffalo Wild Wings is preparing to open its first location in Mercer County, NJ following the purchase of a former Chili’s location at 3465 US Highway 1 in West Windsor. Winick Realty Group NJ founding partner and senior vice president Tyler Bennett represented AntSul Group in the off-market transaction, which marks Buffalo Wild Wings’ sixth location in New York and New Jersey. Bennett is continuing to work with AntSul Group to find additional Buffalo Wild Wings locations in Staten Island, NY, as well as Hamilton Township and New Brunswick, NJ.

For more, download the full article in PDF

globe street-071615-Office and Retail Leases, Refinancings Lead Deal News This Week

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.

globe street logoGlobe Street

Deal Tracker

aaron-fishbein-002Eastern European café chain Stolle signed a lease for its first Brooklyn location, securing 550 square feet of ground-floor retail space at 119 Court St. Located on the corner of State Street in Downtown Brooklyn, with 40 feet of all-glass corner frontage, the site was leased for $250 per square foot. The new storefront is a corner division of Tio Pio, the sublessors on the space, who were represented by Winick Realty Group’s Jordan Kaplan and Zach Diamond. Winick’s Aaron Fishbein is Stolle’s exclusive broker here.

For more, download the full article in PDF

globe street-070215-Deal Tracker

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.

Globe Street

Deal Tracker

steven-baker-258x300A trio of national tenants has signed leases at 394 Myrtle Ave., located between Vanderbilt and Clermont Avenues in the Clinton Hill section of Brooklyn. Starbucks leased 1,800 square feet at the property while Chipotle Mexican Grill leased 2,000 square feet and Invite Health agreed to take 1,000 square feet. Winick Realty Group’s Diana Boutross represented both Starbucks and Chipotle. The third tenant was represented by Winick’s Robert Heicklen. The realty firm’s president, Steven Baker, exclusively marketed the 4,800-square-foot site for landlord Crescent Properties.

For more, download the full article in PDF

globe street-061215-Deal Tracker

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.