Real Estate Weekly
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Retail

Duane Reade stays on Expressway

Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the renewal of a 14,000s/f long-term lease for New York-based drugstore chain Duane Reade at 198-15 Horace Harding Expressway.

Duane Reade will continue to occupy the space at the Cross Path Shopping Center in the Flushing neighborhood of Queens, NY.

Neil Dolgin and Grant Dolgin of Kalmon Dolgin Affiliates represented the owner in the deal, while Winick Realty Group, LLC negotiated on behalf of the tenant.

NEIL DOLGIN

“The Kalmon Dolgin Affiliates team worked closely with the owner to negotiate the best possible terms for the lease renewal of Duane Reade at the property,” said Neil Dolgin of KDA.

“The prime location of the Cross Path Shopping Center offers tenants excellent visibility, and the close proximity of Francis Lewis Boulevard and I-495 provides customers convenient access to all that the center has to offer.”

The Cross Path Shopping Center is a one-story, 44,877-square-foot, multi-tenant property, with a 95,000 s/f parking lot.

Cross Path features prominent tenants such as Waldbaums grocery store, N&S Wines, a nail salon, pet groomer, T-Mobile, and the Blue Bay Diner. Duane Reade has occupied the 14,000 s/f space at 198-15 Horace Harding Expressway for many years.

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