Real Estate Journal — Shopping Centers — Post ICSC PA/NJ/DE Conference & Deal Making — September 25 - October 15, 2015 — 7A
www.marejournal.com M id A tlantic
S hopping C enters
ew York, NY — Shaw Industries has signed a long-term Weld and Affronti of CBRE represented Shaw Industries Shaw Industries to open 7,963 s/f showroom at The Feil Organization’s 853 Broadway in NY N
and nearly 250,000 consumers visit the nearby Union Square Greenmarket weekly. The Union Square subway station is the fourth busiest in New York City, with more than 34 million riders yearly. Fisher represented The Feil Organization in the nego- tiations. Nicholas Weld and Michael Affronti of CBRE represented Shaw Industries. Legal counsel was provided to Feil by in-house attor- neys Brian Palumbo and Michelle Frankel . Kevin Walsh represented Shaw. n
perfect location for Shaw,” said Robert Fisher , director of Commercial Leasing at Feil. “This is the first of what we know will be many leases at the building since the renova- tion. It is proof positive that our investment in the prop- erty has, and will continue, to pay dividends in the long term,” Fisher said. “We wel- come Shaw Industries to 853 Broadway and look forward to the opening of their state-of- the-art showroom.” In addition to the recent fa- çade renovation at the 21-floor
office building, a full lobby renovation has also been com- pleted. Other building tenants include Capital One Bank, Bond New York, LCM Com- modities, TubeMogul, and MAC Cosmetics. Only two full floors remain available for lease. Located at the southwest corner of Broadway and 14th St., the 212,000 s/f 853 Broad- way is in the heart of the rapidly growing retail dis- trict in and around Union Square. Pedestrian traffic totals 350,000 people daily
lease to occupy 7,963 s/f at 853 Broadway in Union Square, announced The Feil Organi- zation , the building’s owner and manager. The Berkshire Hathaway division will take occupancy of the entire third floor at the end of this year to use as a showroom. The third level is the first of three floors that recently were renovated with a glass curtain wall. “The striking visibility, combined with an exceptional view of Union Square as well as the building’s easy access to public transportation, made it the Trader Joe’s as anchor tenant BROOKLYN, NY — Co- developers of one of Brooklyn’s largest mixed-use develop- ments City Point, Acadia Realty Trust (Acadia) and Washington Square Part- ners (Washington Square) announced that Trader Joe’s, a neighborhood grocery store known for their extensive array of domestic and im- ported foods, has selected City Point as its first Downtown Brooklyn outpost and signed a lease. Trader Joe’s will be the 1.9 million s/f development’s designated grocery anchor tenant. “Trader Joe’s has stayed true to its roots by leveraging a sustainability-driven and honest approach to how people shop for high-quality food,” said Chris Conlon , execu- tive vice president and chief operating officer of Acadia. “Like Trader Joe’s, City Point has remained steadfast in its commitment to providing local residents and visitors with a destination that meets their needs. We’re confident that the grocer will become a staple of Downtown Brooklyn and its surrounding neighborhoods, serving the community for years to come.” Roy Roberts of Mile- stone Associates and David Rosenberg of Robert Fut- terman represented Trader Joe’s, while Peter Ripka and Jason Pennington of Ripco Real Estate Corp. brokered on behalf of City Point. n City Point announces
853 Broadway
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