News: Brokerage

Isa, Tregerman, Gedinsky, and Shabtai of Winick Realty Group broker 1,875 s/f lease for Bareburger

Popular New York-based organic burger restaurant Bareburger signed a lease for 1,875 s/f at 795 Columbus Avenue, making this the restaurant chain's first Upper West Side location as well as the first sit-down restaurant to lease space at the Columbus Square development project. Winick Realty Group brokers Joseph Isa and Brian Tregerman, who represented Bareburger in the lease transaction, had looked in the neighborhood for a while to find Bareburger's ideal Upper West Side storefront. "Columbus Square offered not only a dense residential population but also an amazing list of retail co-tenants," said Isa. "But at the same time, the area was underserved as there were no places to sit down and eat. Bareburger saw that need and they believe in both the Columbus Square project and the Upper West Side." "We are very excited to welcome Bareburger to Columbus Square because there is such a strong need for concepts like theirs for Columbus Square residents, as well as residents of the surrounding area," said Winick Realty Group broker Kelly Gedinsky, who represented landlord 795 Columbus Ave LLC along with Lori Shabtai. "The Upper West Side is also very health-oriented, which is a big component of Bareburger's all-natural brand." Bareburger will be situated next to the Mandell School, which Gedinsky said was also a big draw for the restaurant because of the young, family-driven demographic that co-tenancy will attract. Bareburger hopes to open in time for the holiday season, at which time it will join brands like Sephora, Crumbs, Whole Foods, Michael's Arts & Crafts, HomeGoods, Starbucks and more at the development. Gedinsky and Shabtai are currently in active negotiations on almost all of the remaining retail at Columbus Square with concepts that complement not only the existing tenant mix at the project but also the Upper West Side as a whole.
MORE FROM Brokerage

Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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 death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,