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Spotlight Content
Posted: November 24, 2014
Terzi of TerraCRG discusses trends in leasing
Name: Joseph Terzi
Title: Retail Associate
Company/Firm: TerraCRG
Year Founded: 2008
Years in real estate industry: 1 year
Telephone: 718-768-6888
Email: [email protected]
URL: www.terracrg.com
Twitter: twitter.com/TerraCRG
Instagram: http://instagram.com/terracrg
What trends are you seeing in leasing?
Over the past few years, Manhattan establishments have been looking to expand into the Brooklyn market. Retailers such as J. Crew, Nordstrom, Shake Shack, and Whole Foods are several of the nationally known retailers to make the move. We are also seeing retailers adjust to the Brooklyn market by adjusting the footprints of the stores. National and local retailers will continue to open locations throughout Brooklyn due to the affordable retail rents, compared to Manhattan, and the favorable demographics.
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