NAVADERM signs 6,400 s/f lease at Throggs Neck Shopping Center

New York, NY According to Simone Development Companies, NAVADERM has signed a 10-year, 6,400 s/f lease at the Throggs Neck Shopping Center, bringing the 12-year-old shopping center to full occupancy.

Karnit Mosberg of Royal Properties represented the owner in the deal while Avison Young's Michael Blue represented the tenant.

NAVADERM joins a remarkable and extensive group of tenants including retailers Target, TJ Maxx, Petco, Party City, and Skechers as well as restaurants Cap't Louis Seafood Boil, Charleys Philly Steaks, Starbucks, Applebee's, Subway, Chipotle, Sarku Japan, among others.

"We are proud to announce NAVADERM brings the incredibly successful Throggs Neck Shopping Center to full occupancy," said Josh Gopan, assistant vice president of Leasing for Simone Development. "The shopping center has remained incredibly attractive to both retailers and shoppers, even as we continue to navigate the pandemic's aftermath. The center's diverse roster of tenants along with its remarkable accessibility and ample parking have kept it as one of the Bronx's most sought-after shopping centers."

Since its construction by Simone Development Companies in 2010, Throggs Neck Shopping Center has created hundreds of new jobs and boosted the borough's economy. The 300,000 s/f, large-scale retail development is conveniently located at the intersection of Lafayette Ave. and the Hutchinson River Pkwy., boasting secure free parking for over 600 cars and anchored by a 165,000+ s/f Target department store.