Katz & Associates is helping convenience retailer 7-Eleven grow its Manhattan footprint.
Katz’s Scott Sher represented 7-Eleven in leasing three new Manhattan locations for a combined total of over 8,000 s/f. The new stores are slated to open in Q1 2021.
The new 7-Eleven locations include 675 Eighth Avenue (3,471 s/f); landlord rep by David Green and Zach Nathan of Colliers International; 800 Sixth Avenue (2,800 s/f); landlord rep by David Yablon of Katz & Associates; 110 Church Street (2,500 s/f); landlord rep by Ross Berkowitz, Jake Siegel, and Andrew Stern of Newmark.
“7-Eleven is a great tenant in any real estate market, and they’ve been exceptional to work with during these unique and challenging times,” said Sher, a managing director with Katz & Associates.
“They are leveraging the opportunity to find new locations that in some cases may not have been available to them prior to the pandemic. 7-Eleven realizes that New York City will be back to business as usual in the near future so they are wisely making moves to ensure their long-term success in what is, in ‘normal’ times, the best retail market in the country.”
7-Eleven continues to be an active tenant, working with Sher for additional prime, high-traffic locations; 2,500 s/f corner properties are ideal.