News: Brokerage

Breslin Realty arranges three leases for Wild Fork Foods - 12,200 s/f

Lake Grove, NY Breslin Realty has arranged the following signings of three new long-term leases with Wild Fork Foods.

Wild Fork Foods is a meat and seafood market with a selection of high quality food products at affordable prices. They specialize in frozen meat and seafood staples, as well as exotic meats, fruits, vegetables and prepared foods. Online ordering for delivery or pickup is available.

Wild Fork will be entering the Long Island market for the first time in 2023, with locations in three prime shopping centers: Smith Haven Plaza in Lake Grove, NY, Woodbury Plaza in Plainview, NY, and Nassau Plaza in West Hempstead.

Smith Haven Plaza, located at 2075 Moriches Rd. in Lake Grove, will be home to a 4,500 s/f Wild Fork store. Additional retail at Smith Haven Plaza includes Trader Joe’s, Bed Bath & Beyond, Old Navy, Shake Shack, Chipotle, GoHealth, Athleta, Ulta, The Paper Store, Men’s Wearhouse, Capital One Bank, Charles Schwab, and AT&T.

The Woodbury Plaza location will be 4,700 s/f, located at 409 S Oyster Bay Rd. in Plainview, NY. Woodbury Plaza retailers include TJ Maxx, Trader Joe’s, CVS, GAP, Banana Republic, The French Workshop Artisan Bakery, Trek Bicycles, Ann Taylor Loft, Men’s Wearhouse, Bath & Body Works, Optix, Chase Bank, Greek Xpress, and Walk-In Dermatology.

Wild Fork of Nassau Plaza, located at 603 Hempstead Tpke. in West Hempstead, NY, will be replacing the 3,000 s/f Boston Market pad building. Nassau Plaza is also home to CVS, GoHealth, Verizon Wireless, Capital One Bank, and the recently signed Jersey Mike’s Subs.

These transactions were arranged and negotiated for the landlord by Robert Delavale of the Breslin organization.

MORE FROM Brokerage

SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account