News: Brokerage

Cohen of Levin Management negotiates 41,300 s/f lease to Dave & Buster's at Post Road Plaza

Dave & Buster's, the casual dining/entertainment chain, has leased 41,300 s/f at Post Rd. Plaza, according to Levin Management, exclusive leasing and managing agent for the 260,000 s/f shopping center. Michael Cohen, Levin's vice president of leasing, negotiated the long-term lease. The tenant was represented by Tom Londres of Metro Commercial Real Estate; and Hugh Kelly and Erin Grace of SRS Real Estate Partners. "Dave & Buster's unique brand of cutting-edge entertainment and dining will be an excellent draw to Post Road Plaza and significantly augment the center's existing retail mix," said Cohen. "We are confident Dave & Buster's will become a key amenity for local residents and a strong part of the community." Headquartered in Dallas, Texas, Dave & Buster's operates more than 60 high-volume restaurant/entertainment complexes throughout North America. Each Dave & Buster's location offers an impressive selection of high-quality food and beverage items, combined with the latest high-tech video games and other attractions. Anchored by a 75,000 s/f Fairway Market, Post Rd. Plaza's lineup of national and regional tenants includes HomeGoods, Dress Barn, GNC, Lane Bryant, Annie Sez, Modell's, Hallmark, Citibank and Smashburger. Located at the junction of U.S. 1, Pelham Parkway and the Hutchinson River Parkway, Post Road Plaza serves a growing residential population of more than 1.1 million people within a five-mile radius. The marketplace offers an average household income of more than $65,000 and the daily traffic count exceeds 100,000 vehicles. Post Rd. Plaza celebrated its grand re-opening in 2010 following a major renovation, repositioning and re-tenanting. Along with a new façade design; new signage; and new lighting, paving and landscaping, the second floor of the center was reconfigured for new tenant occupancy. This desirable second-floor availability was perfectly suited for Dave & Buster's space requirements.
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