News: Brokerage

Simone Development Companies signs Cap't Loui Seafood Boil at Throggs Neck Shopping Center

Bronx, NY Simone Development Companies has signed Cap't Loui Seafood Boil to a 2,123 s/f, long-term lease at Throggs Neck Shopping Center. This is the seafood restaurant's fifth location in New York, which is expected to open to the public in Spring of 2022.

Karnit Mosberg of Royal Properties represented both the tenant and the owner in the deal.

"We are thrilled to welcome Cap't Louis Seafood Boil to the highly successful Throggs Neck Shopping Center," said Josh Gopan, assistant vice president of leasing for Simone Development. "The shopping center has maintained its position as one of the most successful retail destinations in the Bronx due to its remarkable accessibility, plentiful parking, and diverse roster of tenants. Since its construction by Simone in 2010, the shopping center has created hundreds of new jobs and been responsible for boosting the area's local economy. We are proud to see how Throggs Neck continues to be extremely attractive for retailers and shoppers alike."

Cap't Louis Seafood Boil joins an extensive and diverse roster of tenants including retailers Target, TJ Maxx, Petco, Party City, and Skechers as well as restaurants Charleys Philly Steaks, Starbucks, Applebee's, Subway, Chipotle, Sarku Japan, among others. Throggs Neck Shopping Center is now 98% occupied, with just 6,404 square feet of space available for lease.

Throggs Neck Shopping Center is located at the intersection of Lafayette Ave. and the Hutchinson River Pkwy. The borough's 300,000 s/f, large-scale retail development has free parking for over 600 cars and is anchored by a 165,000+ s.f Target department store.

 

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
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.
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