News: Shopping Centers

Weisiger of Centro Properties executes 1,906 s/f lease with P.A.K. Nails

According to Centro Properties Group US, a 1,906 s/f lease has been executed with P.A.K. Nails at Hornell Plaza, located approximately 1.5 miles south of I-86 (Southern Tier Expressway), on State Route 36 at Bethesda Dr. Centro is the owner of Hornell Plaza and was represented in-house by Glenn Weisiger. Centro Properties Group US is one of the premier real estate companies in the United States focusing on the ownership and management of community and neighborhood shopping centers. As a comprehensive real estate company, it manages a national portfolio of 585 properties aggregating approximately 92.1 million square feet of gross leasable area, including 37 properties held through joint ventures. The portfolio is strategically located across 39 states and is primarily grocery or name-brand discount chain anchored. Centro Properties Group US is headquartered in New York, New York with multiple regional and local offices across the United States.
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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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