News: Brokerage

Nassimi Realty adds two new stores to Canton Centre totaling 8,021 s/f

Nassimi Realty has added two new stores to the newly renovated Canton Centre Mall totaling 8,021 s/f, including a 5,000 s/f Colortyme rent-to-own center and a 3,021 s/f Velocity sports apparel and memorabilia store. Nassimi Realty completed major improvements to the 433,500 s/f center including the addition of a new 10,000 s/f multi-tenant out lot building at the corner of Tuscarawas St. and Whipple Ave., façade renovations and a partial "demalling" of the interior space including the opening of new storefronts and doors to the outside. Velocity is a successful regional retailer with a number of stores in the Canton, North Canton & St. Clairsville, Ohio markets. With over 4,000 items in stock, they specialize in footwear, artwork, memorabilia and sports themed apparel including NCAA, NFL, NBA and MLB gear. Colortyme Rent To Own offers name brand home furnishings, appliances and electronics. It is the oldest rent-to-own or rental purchase franchisor in the U.S. with 220 locations. Canton Centre is currently anchored by a Super Wal-Mart and a JC Penney store, with plans underway for development of additional anchor store space. Other retailers in the centre include DOTS, Sally Beauty Supply, DEB, GameStop, Hibbett Sports, Chase Bank, Penn Station, Ziegler Tire, The Cellular Connection and Immediadent. Nassimi Realty president, Mike Nassimi said, "We are continuing a phased demalling of the enclosed public areas of Canton Centre to make it easier for shoppers to access stores from the parking areas. These changes are designed to compliment the changing retail mix in the expanding Canton Market." Winbrook Management of New York City represents Nassimi Realty in leasing and management of Canton Centre. Winbrook is also the leasing and management agent for over five million sq. ft. of commercial and retail space throughout New York, New Jersey, Florida, Ohio, Illinois, Indiana, West Virginia, North Carolina, Missouri and Philadelphia markets.
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.
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary