Currently viewing the tag: "National Real Estate Investor"
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National Real Estate Investor: CVS Leases 21,159 SF at 3 Columbus Circle for 15-Year Term

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CVS Leases 21,159 SF at 3 Columbus Circle for 15-Year Term

3-COLUMBUS-CIRCLE-NEW-imageCVS Caremark has signed a new, 15-year lease to occupy 21,159 sq. ft. of space at 3 Columbus Circle. The tenant will occupy the portion of the ground floor that is currently vacant, as well as a portion of the second floor.

Jason Pruger, Newmark Grubb Knight Frank represented CVS in the transaction, while Jeff Winick of Winick Realty Group acted on behalf of the landlord, a partnership between SL Green Realty Corp. and The Moinian Group.

Previously known as 1775 Broadway, 3 Columbus Circle contains 768,565 sq. ft. of office space and occupies the entire block between Broadway and Eighth Avenue. The 26-story property was recently redeveloped to include a new glass façade, relocated and expanded lobby, new elevators, bathrooms and security upgrades. Young & Rubicam is the property’s anchor office tenant.

For more, download the full article in PDF

national real estate investor 04-2013_CVS Leases 21,159 SF at 3 Columbus Circle for 15-Year Term

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National Real Estate Investor: Winick Realty Group Tapped to Market Availability at Toms River Center

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Winick Realty Group Tapped to Market Availability at Toms River Center

tyler-bennett-profile-001Ashkenazy Acquisition Corp. has tapped Winick Realty Group’s Tyler Bennett, senior vice president, to serve as the exclusive broker for two retail availabilities totaling 9,900 sq. ft. at Toms River Center in Ocean County, N. J.

Bennett is marketing two vacant storefronts at the shopping center, which includes tenants including Kohl’s Department Stores, Super Foodtown, Modell’s and Five Below, among others.

Totaling 251,000 sq. ft. of retail space, Toms River Center is located off of exit 82A of the Garden State Parkway. The property is in close proximity to Main Street and Route 37, as well as the courthouse and office buildings.

national real estate investor 04-2013_Winick Realty Group Tapped to Market Availability at Toms River Center

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National Real Estate Investor: Winick Launches Long Island Division

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WINICK LAUNCHES NEW LONG ISLAND DIVISION

Noel Caban IMG_1336Winick Realty created a new Long Island division, hiring Noel Caban to head the effort. Caban will focus on property investment and retail leasing on behalf of both landlords and tenants in Nassau and Suffolk counties, as well as areas in Queens. He will also work with Winick to help solidify the company’s position in all of the outer boroughs.

Caban has more than a decade of retail brokerage experience, most recently serving as vice president of CBRE, where he serviced the retail business requirements of clients including Bank of America, 7-Eleven, McDonalds, Ford Motor Co. and Time Warner Cable.

For more, download the full article in PDF

national real estate investor 03-2013_WINICK LAUNCHES NEW LONG ISLAND DIVISION

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National Real Estate Investor: Two Columbus Square Anchor Tenants Announce Expansion

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Two Columbus Square Anchor Tenants Announce Expansion

Winick Realty Group, the exclusive leasing team handling the retail at Columbus Square, proudly announced that two of the project’s anchor tenants—Whole Foods and Michael’s Arts & Crafts—are expanding their footprint at the popular mixed-use development in the heart of the Upper West Side.

“It is always an indication that a broker’s vision is correct when the tenants they initially placed want to expand,” Winick Realty Group Director Kelly Gedinsky said in a statement. “Both Whole Foods Wine & Spirits and Michael’s Arts & Crafts have seen such great success since opening at Columbus Square. By expanding their floor plates, they are now able to accommodate the high levels of foot traffic their location demands.”

Gedinsky represents ownership at Columbus Square along with Executive Vice President Lori Shabtai.

Chase Welles of The Shopping Center Group represented Whole Foods, who expanded their Wine & Spirits store with a 2,775-sq.-ft. addition at 808 Columbus Avenue, all on the ground floor. Michael’s Arts & Crafts, also located at 808 Columbus Avenue, took an additional 3,000 sq. ft. of ground floor space and 7,100 sq. ft. in the basement. According to Gedinsky, Michael’s will occupy the last remaining basement space at the property.

For more, download the full article in PDF

national real estate investor 02-2013_Two Columbus Square Anchor Tenants Announce Expansion

Richard Smith is a broker at Winick Realty Group

National Real Estate Investor: Deal$ Signs Lease for New Location on 145th Street

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Deal$ Signs Lease for New Location on 145th Street

Richard Smith is a broker at Winick Realty GroupDeal$, a discount chain with more than 180 store locations across the U.S., has signed a 10,624-sq.-ft. lease at 301 West 145th Street, located on the southeast corner of Frederick Douglass Blvd. Winick Realty Group LLC’s Tatiana Jung, associate director, and Richard Smith, director, represented landlord Langston Retail LLC in the transaction. Deal$, an affiliate of publicly traded Dollar Tree, was represented by Miles Mahoney of Ripco.

Expected to open in the spring of 2013, Deal$ joins other retailers at the ground-floor level of The Langston Condominium, a 179-unit residential building. Those retailers include Bank of America, Starbucks and New York Sports Club.

“The neighborhood is becoming more and more upscale and it was calling for something fresh and new,” said Smith “This type of store doesn’t exist anywhere else in the neighborhood and it’s something the area really needed.”

For more, download the full article in PDF

national real estate investor 10-2012_Deal$ Signs Lease for New Location on 145th Street

Zach Mishaan is a broker at Winick Realty Group

National Real Estate Investor: The YDE School Leases 2533 Coney Island Ave., Plans 2013 School Year Opening

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The YDE School Leases 2533 Coney Island Ave., Plans 2013 School Year Opening
Zach Mishaan is a broker at Winick Realty GroupThe YDE School has signed a 30-year lease to occupy 2533 Coney Island Ave. The private school will move its facilities to the new space with a plan to open at the start of the 2013 school year

Winick Realty Group LLC’s Senior Managing Director Zach Mishaan represented the tenant. Brian Hanson, director of sales, and Ben Fox, executive vice president of retail leasing at Massey Knakal, represented the landlord.

The one-story, 25,000-sq.-ft. building located at 2533 Coney Island Ave. sits next to an additional 25,000 sq. ft. of space, which can be used for parking and future development.

Currently, the YDE School serves more than 400 children. It will start out in its new space as a high school and has plans to grow to include kindergarten through 12th grades.

“It is unusual for a 50,000-square-foot plot with tremendous air rights and development possibility to come available in Brooklyn like this,” said Mishaan. “They have unlimited development rights that they can enjoy over the entire term of the lease and the site will offer them tremendous growth potential for years to come.”

For more, download the full article in PDF

national real estate investor 10-2012_The YDE School Leases 2533 Coney Island Ave., Plans 2013 School Year Opening