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Business in the Burbs

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Archive for the 'Rental market' Category

Expansion, new tenants revive Loehmann’s Shopping Center

September
4

The recent departure of Lubin’s Men’s & Boy’s World and a Chinese restaurant from a White Plains strip mall has resulted in the 6,000-square-foot expansion of Wine Warehouse, according to Goldschmidt & Associates, the agency that negotiated the deal.

In addition, three new tenants, Carpet World, Bushido Karate and Royal Beauty Supply, occupy the remainder of the vacated space in the Loehmann’s Shopping Center on Route 119.

With the expansion and the additions, the strip mall is fully leased, the Scarsdale-based leasing agent said.

Posted by David Schepp on Thursday, September 4th, 2008 at 3:22 pm |
| | Comments Off on Expansion, new tenants revive Loehmann’s Shopping Center

Developer plans to build retail center in Cortlandt

September
4

A 36-acre site in the town of Cortlandt opposite Cortlandt Town Center has been sold to a developer who plans to turn the parcel into a mixed-use complex of residences and retail stores.

Westrock Development LLC, based in Yonkers, plans to devote 10 of the acres to retail, creating Cortlandt Crossings, an 85,000-square-foot shopping center with 445 parking spaces and an additional 5,000-square-foot bank site, according to NAI Friedland Realty Inc., the Yonkers-based firm that brokered the sale.

Friedland will also act as leasing agent for the retail spaces. The shopping center, construction for which is expected to start in November 2009 with a planned opening date a year later, will join a mass of other retailers along the section of the Route 6 corridor, including Wal-Mart, Home Depot and Barnes & Noble.

(This posting corrects a previous post that contained incorrect information.)

Posted by David Schepp on Thursday, September 4th, 2008 at 12:13 pm |
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Five businesses sign leases in Westchester

July
30

Mack-Cali Realty Corp. reports that five businesses have signed leases for a total of 117,719 square feet in Westchester County.

They are: AFP Imaging Corp., which renewed its lease for 10 years at its 48,000-square-foot offices at 250 Clearbrook Road in Elmsford; HQ Global Workplaces LLC, which renewed its lease on 22,000 square feet at 50 Main St. in White Plains; Con-Way Freight Inc., which renewed its lease on a 22,100-square-foot warehouse at 6 Warehouse Lane in Elmsford; EquiSearch Services Inc, which signed a new five-year lease for a 13,810-square-foot office at 555 Taxter Road in Elmsford; and JBG Health Facilities, an affiliate of the Jewish Guild for the Blind, which signed a new seven-year lease for 12,000 square feet at 4 Executive Plaza in Yonkers.

Posted by David Schepp on Wednesday, July 30th, 2008 at 5:25 pm |
| | Comments Off on Five businesses sign leases in Westchester

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About this blog
Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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