News: Brokerage

Siano and Helbling of Sabre Real Estate leases 1,740 s/f to Starbucks; Ripco Real Estate represents landlord, Equity One Inc.

Sabre Real Estate Group LLC, has arranged a lease in the Gallery at Westbury Plaza on behalf of Seattle-based coffee giant Starbucks Coffee. The 1,740 s/f store will open in October adjacent to Trader Joe's. "We have worked very closely with Starbucks for over a decade and are pleased we could locate them in Long Island's newest upscale shopping venue," said Sabre's managing principal, Jayson Siano, who represents the chain on Long Island and in Northern N.J. Siano found 50 sites for the chain in recent years. Russell Helbling, a Sabre director, worked with Siano on the deal. Ripco Real Estate represented the landlord, Miami-based Equity One Inc. Starbucks Coffee Co., which operates 13,000 stores internationally, prefers high visibility end cap locations and freestanding buildings with drive through windows ranging in size from 1,500 s/f to 1,850 s/f. Earlier this year, Starbucks said it plans to add nearly 300 new stores to its portfolio and remodel 1,700 existing cafés. About Sabre Real Estate Group LLC Founded by Kenneth Breslin and Jayson Siano, experienced retail real estate professionals, Sabre Real Estate Group is a full-service retail real estate brokerage company focused on tenant and owner representation. Sabre also offers retail, restaurant and franchise consultation services, investment sales and property management. For more information visit www.sabreny.com or call (516) 874-8070 or email: [email protected] ###
MORE FROM Brokerage

CM&B completes 15,000 s/f Activate Games NYC debut in Union Square

Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
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.
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
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
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,