Retail

TJ Maxx signs on at new Bronx shopping center

Simone Development Companies announced lease signings for three additional tenants at the new Throggs Neck Shopping Center project currently under construction in the Ferry Point section of The Bronx.

Throggs Neck Shopping Center is being developed by Simone Development, in conjunction with Aaron Malinsky and Paul Slayton.

Anchored by a 165,000 s/f Target department store — the retailer’s third Bronx outlet – the Throggs Neck Shopping Center is scheduled for completion in early 2014 and will consist of over 285,000 s/f of stores and restaurants on two levels.

The shopping center will also include both covered and uncovered parking for 900 cars.

TJ Maxx, offering discounted designer and brand name fashion, has signed a lease for 28,417 s/f and will serve as a junior anchor for the new development.

Applebee’s, the world’s largest casual dining chain, with approximately 2,000 locations in 49 states, 16 countries and one U.S. territory, has signed a 6,640 s/f lease.

MetroOptics Eyewear, an eye care services provider, will open their fourth Bronx locations with a 4,131 s/f, adding to their existing locations at Westchester Square, Parkchester and Hunts Point in the borough.

“We are extremely happy to announce these new leases at Throggs Neck Shopping Center representing our continued commitment to providing an attractive mix of local and national retailers to best serve the surrounding neighborhoods,” Joseph Simone, president of Simone Development. Miles Mahony of Ripco Real Estate represented Simone Development and its partners as exclusive leasing agent in these lease transactions.
Over 85,000 s/f of additional retail and restaurant space is still available at the Throggs Neck Shopping Center in various configurations.

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