News: Brokerage

Bradford of Kassin Sabbagh leases 7,500 s/f to Hashi Market at Union Sq.

Manhattan, NY Associate broker Conrad Bradford of Kassin Sabbagh Realty negotiated a 7,500 s/f lease for the Japanese supermarket chain Hashi Market at Union Sq.

Hashi Market held a ribbon-cutting at 93 University Place on July 17.

The opening ceremony drew hundreds to University Place between 11th and 12th Sts., where traditional Japanese festivities signaled the chain’s confidence in its local expansion strategy. 

This marks Hashi Market’s fourth Manhattan location since launching its flagship store at 330 Fifth Ave. seven months ago. The expansion timeline reflects the brand’s growth plans and the current opportunities in New York’s retail landscape.

“The velocity of their expansion is remarkable,” said Bradford. “They’re capitalizing on a unique moment in the market where quality spaces are available to the right operators.”

“This wasn’t just about square footage and rent,” Bradford said. “Understanding the neighborhood dynamics and the landlord’s priorities was essential to structuring a deal that worked for everyone.”

Hashi Market’s arrival signals broader trends in local retail, where specialty food retailers are finding success by offering authentic experiences that online shopping cannot replicate. 

The chain’s focus on traditional Japanese products and in-store experiences like tuna cutting creates destination retail that drives foot traffic. For Union Square, the opening represents continued revitalization of a district that has weathered significant retail transitions in recent years. The addition of a quality food retailer enhances the area’s appeal for residents, office workers and tourists that defines the neighborhood. The deal underscores the importance of patient capital and local expertise in today’s retail market, where transactions require understanding both property fundamentals and neighborhood character.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional