News: Shopping Centers

Gerstein of Goldschmidt & Associates brokers leases totaling 18,000 s/f

According to Eric Goldschmidt, senior partner at Goldschmidt & Associates, the 18,000 s/f retail development at the major traffic-lit corner of Rte. 6 and Mohegan Ave. has been completed. 14,000 s/f will be occupied by January 2010. Included is a 10,000 s/f Learning Experience, which will also have a 5,000 s/f outdoor playground. There is also a 4,000 s/f freestanding building to be owned by the Hudson Valley Teachers Credit Union. Bill Gerstein, of Goldschmidt & Associates, brokered both transactions for the owners. The development also contains 1.5 acres on the traffic lit corner zoned for a 4,000 s/f freestanding bank, with 2 drive thrus. A medical facility is also a permitted use. Goldschmidt is the exclusive agent for the development owned by a subsidiary of Celestial Capital Group of NYC. Celestial also owns the 36,000 s/f CVS, Verizon, Charlie Browns retail center across the street. Goldschmidt & Associates specializes in the sales and leasing of commercial, retail, and industrial properties in the New York Metro area. Goldschmidt & Associates specializes in the sales and leasing of commercial, retail, and industrial properties in the New York Metro area. For additional information please contact Mr. Goldschmidt at 914-723-1616 ext 11.
MORE FROM Shopping Centers

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.

READ ON THE GO
DIGITAL EDITIONS
Subscribe