The property asset involved in the transaction is a retail space located at 2044 Montauk Highway in Bridgehampton. The total square footage of the asset is 89,835. It is situated in a market that is conducive to retail operations.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Landlord: Conor C. Flynn - Kimco Realty Corp
• Tenant: Brian Cornell - Target
• Broker: Jeffrey Howard - RIPCO
• Opening Year: 2026
• Previous Tenant: Site of the last full-sized Kmart in the continental U.S.
• Other Tenants: Gap, TJMaxx, Ulta Beauty

Key participants in the deal include Conor C. Flynn representing Kimco Realty Corp as the landlord and Brian Cornell representing Target as the tenant. Jeffrey Howard acted as the broker for the transaction, facilitating the lease agreement for the retail space at Bridgehampton Commons.