Target Leases 89781 Square Feet At Gateway Plaza In Port Chester Represented By Jeffrey Howard And Jessica Curtis
LEASED
New York
See Similar DealsRetail89,781 SF
LEASED
Target Leases 89781 Square Feet At Gateway Plaza In Port Chester Represented By Jeffrey Howard And Jessica Curtis
Gateway Plaza, Port Chester, NY, 10573
See Similar DealsRetail89,781 SF
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:89,781 SF
Transaction Type:Lease
The property involved in this transaction is located at Gateway Plaza, Port Chester, NY, 10573. It features a two-story retail space at an open-air retail center that spans 494,000 square feet. The Tenant, Target, has leased 89,781 square feet within this location. The market for this property is Port Chester, NY.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: Not Disclosed
- Square Feet: 89,781
- Address: Gateway Plaza, Port Chester, NY, 10573
- Market: Port Chester
- Tenant: Target
- Landlord: metlife-investment-management'>MetLife Investment Management
- Tenant's Representative: Jeffrey Howard
- Landlord's Representative: Jessica Curtis - CBRE
In this deal, Jessica Curtis represented the landlord, which is a partnership between M&J Wilkow and metlife-investment-management'>MetLife Investment Management, while Jeffrey Howard represented the tenant, Target. The center also houses other tenants such as HomeGoods, Ulta Beauty, and Old Navy. An opening date for Target has not yet been determined.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,146,192.74
Total Lease Value
$51,461,927.42
Net Landlord Cash Flow$5,146,192.74
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