News: Shopping Centers

Bren Goldschmidt of Goldschmidt completes six retail lease transactions totaling 22,700 s/f in Westchester county

According to Eric Goldschmidt, sr. partner at Goldschmidt & Assoc., Pam Bren Goldschmidt has completed the leasing of six new retail locations totaling 22,700 s/f in Westchester County. The transactions include: Christie Place Development * 4,300 s/f by the owners of Lusardi's, Moscato's & Chat 19 for a new upscale restaurant. * 3,700 s/f Bank of America - co-brokered with David Rosenberg of RKF and William Hesse of Aries, Deitch & Endelson (AD&E). Harwood Court * 2,000 s/f-Space NK of England leased the former Michael's Gourmet store. Gary Alterman of RKF represented Space NK. 331 Central Park Ave. * 4,500 s/f leased to Charles Schwab, represented by Rosenberg.Bren is involved in negotiations for the balance of the space. 841 Bronx River Rd., Yonkers * Starbuck's leased 2,000 s/f. Fairfield Retail Partners represented Starbucks. 487 East Main St., Mt. Kisco * Bren and Laurence London leased 4,000 s/f to Restaurant Q from Port Chester. This well known restaurant will be an excellent anchor to this 9,600 s/f center currently being upgraded. Negotiations are ongoing to lease another 4,300 s/f. Somers Commons * Learning Express leased 2,200 s/f at the Somers Commons Shopping Center anchored by A&P and T.J. Maxx. Bren was the sole broker. Bren is also exclusively leasing 42 South Moger Ave. in Mt. Kisco. This 3,200 s/f space is currently occupied by Washington Mutual and fronts the shopper's parking lot. This location is great for a bank, retailer or restaurant. It is close to the Gap, Gap Kids, Banana Republic, Ann Taylor and other national retailers. Goldschmidt & Associates specializes in the leasing and sales of retail, commercial, medical, and industrial real estate in the New York metro area.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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