News: Brokerage

Carter's signs new 4,000 s/f lease at Sky View Center

Carter's has signed a lease for its first Flushing location, a 4,000 s/f space in Sky View Center. The addition of Carter's to the 700,000 s/f mall brings another national retailer to Sky View Center, expanding the mall's offering of national brands while reinforcing it as a destination for value shopping. "Carter's is a great addition to the wide array of tenants at Sky View Center," said Michael Dana, president of Onex Real Estate Partners, owner/developer of Sky View Center. "We are focused on meeting today's shopper demand by creating a merchandise mix in our center that offers brand names at a value oriented price. Carter's is a great fit." Specializing in apparel for babies and young children, Carter's is known for its details and array of clothing options. It owns one of the largest share of the $22 billion baby and young children's apparel market (ages zero to seven) in the United States with a broad product assortment that includes baby, sleepwear, play clothes and related accessories. "This will be our second Queens store and is a good step for the company in further expanding its presence in New York City," said Sean McHugh, vice president of investor relations at Carter's. "Sky View Center is a shopping destination with strong, relevant retailers, solid foot traffic and a prime location." Carter's will join the ever-growing list of retailers at Sky View Center, which is currently anchored by Target, BJ's Wholesale Club, Marshall's, Old Navy, Bed Bath & Beyond, Best Buy, Bob's Discount Furniture, Chuck E. Cheese's and the specialty Asian supermarket Sky Foods. The store is currently expected to open in spring 2013.
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