Hesse of Aries Deitch & Endelson brokers 32,000 s/f lease to TJ Maxx at Ridge Hill; Forest City Ratner was represented by Silberfein and Goldban

February 13, 2012 - Shopping Centers

TJ Maxx, Ridge Hill - Yonkers, NY

William Hesse, Aries Deitch & Endelson

Andy Silberfein, Forest City Ratner

According to William Hesse, president of Aries Deitch & Endelson, Inc., a lease was signed by TJX Cos. for a 32,000 s/f TJ Maxx store to be opened this spring at Westchester County's Ridge Hill, a mixed-use outdoor shopping center. This lifestyle center spans more than 81.4 acres and includes 1.3 million s/f. Hesse represented TJX Cos. Forest City Ratner (FCR), the developer and owner, was represented by Andy Silberfein and Michael Goldban.
"Andrew Crocker (VP of leasing for TJX Cos.) and I have had great success these past few years in finding the best locations for TJX stores in the New York Hudson Valley," said Hesse. "During this recent period of time, we have completed four HomeGoods leases, four Marshall's Mega Shoe Store leases and this latest TJ Maxx." These stores are located in Westchester, Rockland and Orange Counties.
"Since we negotiated the lease for TJ Maxx's inaugural Westchester store in Yorktown Heights in 1989, our firms have enjoyed a strong working relationship that has added great value to the Lower Hudson Valley retail marketplace," said Hesse.
Westchester's Ridge Hill has an eclectic mix of specialty boutiques, national retailers, and entertainment venues, as well as a diverse assortment of restaurants. Charming architecture and inviting amenities add to the anticipation of an exciting shopping experience.
Aries Deitch & Endelson, Inc., located in Hartsdale, New York, specializes in retail leasing, management, development, and investment sales in New York, Connecticut, and New Jersey. They have exclusively represented shopping center owners and national retailers for over 35 years, and have assisted in developing and leasing some of the most successful shopping centers in Westchester, Putnam, and Dutchess Counties, as well as numerous Connecticut and New Jersey projects. They are also a member of Retail Brokers Network, a group of over 50 independent commercial retail real estate offices providing their local expertise to retailers, developers and investors within the United States and Canada, which has built its reputation and success on the expertise of its members' knowledge of their local markets.

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