News: Shopping Centers

Gordon of Admiral closes 4,500 s/f lease at Mt. Kisco Sq. Shopping Ctr.

According to Admiral Real Estate Services Corp., a new Sears Appliance Showroom recently opened at the Mt. Kisco Sq. Shopping Center located at 360 North Bedford Rd. Sears Holdings Corp., parent company to both Sears Roebuck & Co. and Kmart, developed the home appliance store concept, launching its first store in Houston in 2007. The showrooms will display and sell home appliances sold by Sears' larger stores. Jon Gordon of Admiral Real Estate Services Corp., the shopping center's exclusive leasing agent, represented the owner in the 4,500 s/f transaction. Sears Home Appliances was represented by Joe Mastromonaco of Dartmouth Co.'s Connecticut office. Admiral Real Estate Services Corp. is a full-service leasing, property management and advisory firm. Based in Westchester, the company currently manages and/or leases a portfolio of over 75 retail, office, residential and development properties in the New York metropolitan 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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