NEW YORK
Cresa completed a five-year, 5,162 s/f lease at 304 Park Avenue South for iAcquire, a Phoenix- and NYC-based content marketing agency that specializes in marketing strategy, social media and SEO. Eric Thomas, senior vice president at Cresa New York, represented the tenant. SL Green Realty Corporation was represented in-house by senior managing director Gary Rosen. Although terms of the lease were undisclosed, the asking rent at the property was in the upper $60 psf range.
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Kalmon Dolgin Affiliates, Inc. (KDA) arranged a 4,400 s/f long-term lease for Express Elevator Construction at 18-25 26th Road in the Astoria section of Queens, NY. Jacques Wadler and Vincent Lopez of Kalmon Dolgin Affiliates represented the landlord, Video Concepts, while Matt Cohen of Pinnacle Realty represented the tenant. Express Elevator Construction is relocating to 18-25 26th Road from Long Island City.
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Royal Properties, Inc. announced that Choice Pet Supply has signed two leases in Somers, NY and Plainview, NY.
• Choice Pet Supply leased a 2,880 s/f space at Somers Commons, a 135,000 s/f shopping center located at the intersection of Route 6 and 118 in Somers. Built on the site of the former Baldwin Place Mall, it is owned by Urstadt Biddle Properties, Inc. Jeff Kintzer and Farron Roboff of Royal Properties were the sole brokers in this transaction.
• Choice Pet Supply also leased a 3,335 s/f Plainview Shopping Centre, located at the intersection of South Oyster Bay Road and Woodbury Road in Plainview, New York. Welco Realty represented the landlord and Jeff Kintzer and Farron Roboff of Royal Properties represented the tenant in this transacion.
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Kathy Zamechansky, president and owner of KZA Realty Group, Inc. (KZA) in Bronx, New York, has announced that her firm recently brokered the following leases:
• At 33 West Tremont Avenue, Brightside Academy leased 7,272 s/f of day care space and 1,500 s/f of outside play area, new construction, from landlord Peter Fine, Atlantic Development. Rent for the initial 10-year term will total $1,636,280.00. Kathy Zamechansky brokered the deal.
• At 1468 Williamsbridge Road, Yonkers Contracting leased 2,500 s/f of 2nd floor office space from landlord Sandra Beer, Bronx Home for the Aged. Kathy Zamechansky and Sherry Scanlon of KZA were brokers.
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National Realty & Development Corp. announced that Old Navy occupying 13,500 s/f has opened at Orange Plaza. Orange Plaza is an 815,000 s/f power-center located at the intersection of Route 211 East & Route 17 in Middletown, New York. Dovid M. Spector, director retail leasing, NRDC, handled the transaction.
NEW JERSEY
Levin Management negotiated two long-term lease agreements totaling more than 16,600 square feet at West Orange Plaza in West Orange, N.J. The new tenants include casual Mexican restaurant Chipotle (2,557 s/ft) and fitness chain Retro Fitness (14,115 s/f). Levin’s vice president of leasing Michael Cohen negotiated the transactions. Dan Spector of Winick Realty Group represents Chipotle; Hugh Scullin of Katz & Associates represented Retro Fitness.
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Royal Properties, Inc. announced that Verizon subsidiary A Wireless has signed five store leases. David Landes and Farron Roboff of Royal Properties represented the retailer in the following leases:
• Denville NJ, Route 10, a 3,345 s/f store in a freestanding pad in the newly renovated Denville Commons Shopping Center. Jason Gerbsman of Welco Realty represented the landlord.
• Newark NJ, 92 Ferry Street, A Wireless just opened a 3,170 s/f storefront in the Ironbound District, close to downtown Newark and in the midst of “restaurant row”. Glenn Beyer and Barry Fishbach of RKF represented the landlord.
• Newark NJ, 744 Broad Street. A Wireless is entering the downtown Newark market with a 1,442 s/f store at the corner of Broad and Clinton, taking the space previously occupied by Starbucks. The Landlord, Emerita, represented itself in the transaction.
• Kearny NJ, Walmart Center. A Wireless has signed a lease for a 2,500 s/f end cap of a to-be-constructed building facing the operating Walmart. John Ostrowski of the Goldstein Group represented the Landlord.
• Aberdeen NJ, Cliffwood Plaza. A Wireless has signed a lease for a to-be-constructed 2,000 s/f freestanding pad at the corner of Cliffwood Avenue and Route 35. Basser Kaufman, the shopping center owner, represented itself.
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Cushman & Wakefield and Heritage Capital Group, operating partner for 550 Broad Street in Newark, have orchestrated a headquarters lease for The Wight Foundation. The non-profit organization, which provides grants for academically promising Newark-area students to attend boarding schools, will relocate to the 270,000 s/f office tower from another Newark location in an expansion move. Cushman & Wakefield’s Ben Brenner represented The Wight Foundation in its 8,000-square-foot lease at 550 Broad Street. Steven Greenberg, a principal with Heritage Capital Group, negotiated the long-term transaction on behalf of his firm.
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The Goldstein Group has placed Doctor’s Express in West Oange, South Plainfield, and also in Lyndhurst. President Chuck Lanyard made the announcement. Doctor’s Express, a growing medical franchise:
• In Lyndhurst, Doctor’s Express filled a 3,200 s/f former bank pad site in Veteran’s Square Towne Center.
• In West Orange, Doctor’s Express leased a 3,000 s/f end cap unit at 464 Eagle Rock Avenue.
• In South Plainfield, Doctor’s Express filled a 3,000 s/f end cap unit in Oak Park Commons, another neighborhood center anchored by A&P.
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NAI James E. Hanson announced the renewal of a 23,200 s/f lease on an industrial facility located at 8 Kulick Road in Fairfield, NJ. Managing director Scott K. Perkins, SIOR, represented the landlord, Kulick Eisenberg LP. The lessee is Solbern, a designer, manufacturer and supplier of food processing equipment. The single-story warehouse sits on 1.5 acres of land and was built in 1962. The facility is just yards away from Route 46 and has easy access to I-280.
