The retail asset involved in this transaction is located at 815 Hutchinson River Expressway in the Bronx. The property spans 6,854 square feet and is situated within the Throggs Neck Shopping Center, which has a total area of 300,000 square feet. The transaction showcases a long-term lease agreement with notable retail potential, as it is anchored by well-known tenants such as Target and T.J. Maxx.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not Disclosed
• Location: 815 Hutchinson River Expressway, Bronx
• Asset Size: 6,854 square feet
• Landlord: Martin Badour & Josh Gopan - Simone Development Companies
• Tenant: Snipes
• Landlord's Rep: Karnit Mosberg - Royal Properties
• Tenant's Rep: Ryan Condren - JLL
• Lease Signing Date: 09/18/2024
• Store Opening Date: 11/21/2024

The deal features key individuals including the landlords, Martin Badour and Josh Gopan from Simone Development Companies, and the tenant Snipes, a sneaker retailer. The landlords' representation was handled by Karnit Mosberg from Royal Properties, while the tenant's interests were represented by Ryan Condren from JLL.