Retail Leases of 2020 Target signs

Dec 24, 2020

This year’s most lucrative retail leases look different from the usual Manhattan fare. Generally an apparel or beauty store appears at the top of the list. Or, like last year Here are the 10 most valuable retail leases of the year, according to data from PincusCo .

1. Home Depot | 410 East 61st Street | $9 million
Home Depot has had some year. As homebound Americans rebuilt their decks and home builders laid down foundations en masse, Home Depot and five other big-box chains accounted for 29 percent of all U.S. retail sales in the second quarter. And it’s growing. Home Depot’s massive 120,000-square-foot lease at 410 East 61st Street — formerly home to a Best Bath & Beyond — topped the list. Peter Ripka of RIPCO Real Estate represented Home Depot in the Oct. 1 deal. RIPCO also represented landlord Gazit-Globe Group.

Museum Of Illusions Signs Lease To Open Next To Faneuil Hall

Apr 4, 2024

An optical illusions museum with locations around the world plans to open its first New England location in a property next to Boston's iconic Faneuil Hall (https://www.bisnow.com/tags/gazit-horizons) . The Museum of Illusions signed a 9K SF lease at Marketplace...

AER tower in downtown Tampa nears completion

Dec 22, 2022

Published by Crain’s New York Business Construction on 31-story apartment building in downtown Tampa is expected to wrap this summer, more than a decade after the project was first proposed. The Arts and Entertainment Residences, or AER, tower is located at 300 W...

Gazit closes on $134M refi’ of Home Depot building on East 61st

Aug 9, 2021

Gazit-Globe announced that its subsidiary, Gazit Horizons, Inc., has entered into a Credit Term Lease (CTL) bond financing for 410 East 61st Street with $134.4 million. The Property, which is approximately 120,000 s/f spanning four floors, was leased last year to The...

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