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Deals & DealmakersRetail

SCG Retail doubles office space

SCG Retail, the Urban Street division of The Shopping Center Group based in Atlanta, has doubled its office size with a move to 250 West 57th Street.

The 6,000 s/f lease was signed last month and SCG moved in right after the New Year.

SCG Retail represents Starbucks, Whole Foods, REI, Staples, Papyrus, Bobby’s Burger Palace and Guitar Center exclusively in the metro area; Bobby’s Burger Palace and Guitar Center nationally.

Collectively the Shopping Center Group is the largest privately held retail real estate services company in the United States. With its recent entry into southern California, The Shopping Center Group now has coast-to-coast capability.

DAVID FIRESTEIN
DAVID FIRESTEIN

“When we merged with the Shopping Center Group in 2012, we opened our NY office,” said David Firestein, managing partner of the New York Metro offices. “We’ve always had a premiere list of tenants, but once the NY office opened, landlords also wanted our help. Business for both tenants and developers has really taken off over the past two years. The new office houses SCG’s tenant, landlord and investment sales teams.”

250 West 57th Street is owned by Empire Realty Trust. Harry Blair of Cushman represented the Landlord, and David Firestein of SCG Retail and Larry Zuckerman of Newmark represented the Tenant.

The previous space, located at 1841 Broadway was approximately 3,000 s/f.

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