News: Shopping Centers

Shabtai, Gedinsky and Kass of Winick represent landlord in 5,000 s/f lease

David Z has leased 5,000 s/f at 815 Broadway. Landlord Magnum Real Estate Group had chosen the Winick Realty Group LLC team to find a long term tenant to fill this retail space. "As this stretch of Broadway has changed from what was once one antique shop after another, ownership wanted a specific type of retailer who not only had a proven track record but who also understood the unique needs of Union Sq. shoppers," said Winick's Lori Shabtai, executive VP, Monica Kass, director, and Kelly Gedinsky, associate director, who represented the ownership . Kimberly McCullough of KEM Co. represented David Z. The retailer will occupy 2,500 s/f on the ground floor, as well as 2,500 s/f on the lower level. Among the key features of this sensational space are 20-ft. ceilings, 20 ft. of frontage on Broadway and original mosaic floors and stained glass that give it an extraordinary charm.
MORE FROM Shopping Centers

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.

READ ON THE GO
DIGITAL EDITIONS
Subscribe