News: Brokerage

Simone Development signs 24,500 s/f in leases at 1 Zeiss Dr.

Thornwood, NY Simone Development Companies has signed 24,500 s/f of new leases at 1 Zeiss Dr. Immortal Fitness leased 14,994 s/f and the Random Farms Kids’ Theater leased 9,506 s/f. Both are relocations.

Ownership was represented by in-house leasing and legal teams alongside the property’s exclusive broker, New York Commercial Realty Group (NYCRG). Immortal Fitness was also represented by NYCRG. The Random Farms Kids’ Theater was represented by CBRE.

Immortal Fitness offers personal and group strength training programs in a facility with 24/7 gym access. The new space will include a full retail and lounge area, individual private bathrooms, showers, saunas, and lockers, an outdoor patio, a group training room, and a main training area with powerlifting equipment, machines, turf, sleds, and more.

Random Farms is a not-for-profit organization that is dedicated to creating a safe environment where children of all backgrounds are encouraged to discover the joy of theater. The customized space will include four rehearsal studios and three vocal studios, all with state-of the-art sound attenuation. The organization, which serves young people in grades K-12, offers group classes, private lessons, and full productions professionally staged at theaters throughout the county.

“We are thrilled that each of these local businesses chose 1 Zeiss Dr. for their new home. Given the property’s campus-like setting, amenities, abundant parking, and convenient location, it’s a perfect fit for community-enhancing tenants like Immortal Fitness and the Random Farms Kids’ Theater,” said Josh Gopan, vice president of leasing for Simone Development Companies.

Located on over 12 landscaped acres, 1 Zeiss Dr. is a 120,000 s/f, two-story prime industrial/flex/office building. The elevatored building features six loading docks, three drive-in doors, 14’-18’ ceiling heights, direct loading from the second floor with two overhead doors, and 190 parking spaces in a campus-like setting with an atrium lobby, conference rooms, cafeteria, and office space.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.