News: Brokerage

BioLife Plasma Services leases 12,000 s/f at Blumenfeld’s The Crossings retail center

Bronx, NY The Blumenfeld Development Group (BDG) said that BioLife Plasma Services, part of the Takeda Pharmaceutical Company, has signed an 11-year lease becoming the most recent tenant at The Crossings retail center.

The 12,000 s/f facility is scheduled to open in the first quarter of 2025. BioLife Plasma Services is an industry leader in the collection of plasma that is processed into life-saving plasma-based therapies. They operate plasma collection facilities throughout the United States and Europe.

“We are excited that BioLife has chosen The Crossings as their newest location in New York,” said Brad Blumenfeld, principal, Blumenfeld Development Group. “Having an industry leader choose this specific location shows their commitment to operating their first-class operation at a top rate facility.”

The Crossings, a 40,000 s/f retail space in the South Bronx, is located at the corner of Southern Blvd. and Hunts Point Ave. and was BDG’s first endeavor in the borough.

Since opening in the fall of 2017, the Crossings has served the community with a variety of tenants across industry and sector including McDonalds, Dollar Tree, Dunkin Donuts, and Optimum Mobile among others. 

BioLife was represented by Trent Dickey of JLL.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for