News: Brokerage

Simone Development Companies signs Halo Health Pharmacy’s first Bronx location at Triangle Plaza Hub

Bronx, NY Simone Development Companies has signed a new long-term lease with Halo Health Pharmacy for 1,522 s/f of retail space at Triangle Plaza Hub located at 459 East 149th St. in The Mott Haven neighborhood. The new store will be Halo Health Pharmacy’s first in the Bronx and the expanding company’s fifth New York City location, with three existing outlets in northern Manhattan and one in Queens.

Triangle Plaza Hub is a 50,000 s/f grocery-anchored retail and medical office condominium featuring a healthcare and food-centric tenant-mix including SuperFresh supermarket, Sun River Health, DaVita Melrose Dialysis, Metropolitan College of New York, and Dunkin’, among others.

Miles Mahony and Chris Walther of RIPCO Real Estate represented both the tenant and ownership in the transaction, assisted by Simone Development Companies’ in-house leasing and legal teams.

“We are excited to welcome Halo Health Pharmacy to Triangle Plaza Hub, complimenting and enhancing our already diverse tenant mix,” said Josh Gopan, Simone Development Companies’ vice president of leasing.

Triangle Plaza Hub, a LEED certified complex built in 2015, is located on a prime corner of the highly trafficked Mott Haven neighborhood and only a few minutes away from the 149th St. station serving the 2 and 5 subway lines. The property also offers on-site parking for tenants and customers.

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: 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
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary