News: Shopping Centers

Schuckman Realty closes 3,800 s/f lease; named agent for 7,500 s/f

According to Kenneth Schuckman, vice president of Schuckman Realty, the firm has recently closed a lease for Verizon Wireless on Rockaway Tpke. Schuckman Realty was assigned with finding and seeking out a tenant for the former gas station located on the corner of Rockaway Tpke. and Peninsula Blvd. Verizon Wireless signed a 15-year corporate lease for the 3,800 s/f building. Schuckman represented the tenant and landlord in this transaction. According to Schuckman, his firm has been chosen as the exclusive brokers for the King Kullen Shopping Center on Sunrise Hwy. in Bellmore, N.Y. This grocery anchored shopping center has approximately 7,500 s/f of retail space available. Among the tenant mix is Piccolo, one of Long Island's premiere Italian eateries. Schuckman stated that in spite of the downturn in the economy, his firm has already seen quite a positive response from the tenants in the market.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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