11-13-20

4A — November 13 - December 10, 2020 — M id A tlantic Real Estate Journal

www.marej.com

M id A tlantic R eal E state J ournal

EW YORK, NY — Cajun seafood res- taurant Hook & Reel Briskin and Dries represent both parties in transaction Hook & Reel Restaurant signs new lease at The Feil Organization’s Concourse Plaza in the Bronx N the 9,596 s/f Hibachi Grill & Supreme Buffet at Concourse Plaza since 2016.

“The leasing of a second restaurant location for this tenant in the same center, even during the COVID-19 pandemi c indi cates the strength of the shopping cen- ter, serving both the densely populated community and the neighboring court house,” said Randall Briskin , vice president of leasing at The Feil Organization. The 311,650 s/f multi-use Concourse Plaza is located just off of Grand Concourse, the major north-south thor- oughfare that connects Man- hattan and the northern Bronx. The center serves more than 1.2 million con- sumers within a three-mile radius and is adjacent to the two million s/f Bronx County Court House and Bronx Mu- nicipal Building, and is four blocks fromYankee Stadium. Feil completed an $18 mil- lion renovation of the center in 2016, which included a renovation of the 51,680 s/f Food Bazaar, one of the largest grocery stores in the Bronx, and the complete repositioning of the shop- ping center which included a façade renovation and the re- tenanting of the center with prominent retailers such as Kidstown and Rainbow Stores. Concourse Plaza’s current tenant roster also in- cludes Blink Fitness, Hibachi Grill, CVS, Santander, and Bank of America. A popular fast-casual Cajun seafood chain restaurant, Hook & Reel promotes hospi- tality and shared meals. The restaurant offers a variety of build-your-own seafood-boil options featuring crawfish, lobster tail and snow crab, as well as catfish sliders, sea - food po’ boys, hush puppies and paella. The Maryland- headquartered establishment originally opened in 2015 and now operates 42 locations in 22 states across the country. Concourse Plaza remains a premiere shopping destina- tion. It’s strategically located just off of the Grand Con- course, the major north-south thoroughfare that connects Manhattan and the northern Bronx. Randall Briskin and Nicho- las Dries represented both the tenant and The Feil Organiza- tion in the transaction. MAREJ

has signed a 15-year lease for 5,656 s/f at Concourse Plaza in the Bronx announced The Feil Organization , the shopping center’s owner and manager. The new Cajun restaurant will commence construction at the center within the next few months and will be situ- ated on the ground floor next to anchor tenant Food Bazaar Supermarket. Hook & Reel is the second restaurant lo- cation at the center for the tenant, which has operated

Concourse Plaza

Top Five FannieMae Green Lender

Top Five FannieMae

Top Ten HUD Lender

Seniors Lender

Part of howwe structure a successful deal.

Our business is built on values that we use to construct every deal. We take the time

to get to know you and your business to create custom financing solutions that meet

your needs. Even after closing, our focus on service continues for you.

Call 800-737-2344 or visit mtrcc.com/learnmore to get the conversation started today.

F A N N I E M A E | F R E D D I E M A C | F H A / H U D | L I F E I N S U R A N C E C O M P A N Y

Equal Housing Lender. Based on 2019 origination data provided by the U.S. Department of Housing and Urban Development (fiscal year ended 9/30/19) and by Fannie Mae Multifamily (fiscal year ended 12/31/19). ©2020 M&T Realty Capital Corporation. M&T Realty Capital Corporation is a wholly-owned subsidiary of M&T Bank, Member FDIC. mtrcc.com 49200 201109 VF

Made with FlippingBook - Online catalogs