News: Brokerage

Federal Realty Inv. Trust leases space to Cava

Melville, NY Federal Realty Investment Trust has signed Cava, a growing Mediterranean brand with a flavorful and healthy fast-casual restaurant experience, as the final tenant at its new 15,000 s/f building at Melville Mall. The restaurant will open this summer. AT&T and a locally owned Club Pilates studio opened in December and Manhattan-based Gregory’s Coffee opens this winter. Other restaurant tenants include Lucharitos, a taqueria and tequila bar from Greenport, and Taste of the Orient from Yaas Café, both opening in June.

“Cava brings a great new healthy lunch option to the area,” said Mark Brennan of Federal Realty Investment Trust. “This new group of tenants expands the variety of options and conveniences that Melville Mall offers the community and continues to make it an essential destination for area residents and workers.”

Located at the intersection of Long Island’s Northern State Parkway and Route 110/Walt Whitman Rd., Melville Mall is a grocery-anchored power center. Home to the newest Uncle Giuseppe’s grocery store, Melville Mall has long been an important shopping destination and now will offer more reasons for area residents to frequent the location for everyday needs.

Federal Realty’s New York properties are currently concentrated on Long Island and provide important conveniences and shopping options to communities. From grocers to pharmacies, fashion, dining and health & beauty, Federal draws varied tenants to connect with communities and create neighborhood destinations. Area properties include Fresh Meadows in Queens; the Melville Mall, Greenlawn Plaza, Huntington Shopping Center and Huntington Square in Huntington, Hauppauge Shopping Center in Hauppauge; and Georgetowne Shopping Center in Brooklyn, NY.

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.
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,