S&Z's EVP Franklin Zuckerbrot and managing director Douglas Weinstein were responsible for the leasing campaign. New tenants to the property include the Men's Wearhouse, Bombay Co., Stride-Rite Shoes, Kinkos, Camelot, Chicos and Quiznos Subs. Recent tenant relocations and expansions include Duane Reade and the Children's Place.
"We are pleased to have been involved with this year-long assignment to bring The Bay Terrace to a 100% occupancy rate," says Zuckerbrot. "The retail market in Queens is very strong."
Adds Weinstein, "We were able to achieve some of the highest rental rates within the region which is a testament to the existing tenant's sales volumes."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
