News: Brokerage

Container Store leases 15,676 s/f at FRT’s Huntington Shopping Center

Huntington, NY According to Federal Realty Investment Trust (FRT) The Container Store will join REI and Whole Foods Market at Huntington Shopping Center as part of its $75 million redevelopment. Additionally, Burger Village, Love Sac and Just Salad have signed leases for the center’s new pad site facing Rte. 110.

The Container Store is one of the nation’s leading specialty retailers of storage and organization products, custom closets, and in-home services. The new 15,676 s/f store will be located adjacent to Whole Foods Market and will be the brand’s second location to open on Long Island.

Rte. 110 pad site properties:

• Burger Village, a Long Island-based burger chain is planning a 2,756 s/f restaurant.

• Love Sac, an American furniture retailer specializing in a patented modular furniture system called Sactionals will be opening a 1,412 s/f showroom.

• Just Salad, a New York-based fast-casual salad chain will open a 2,382 s/f location.

“The transformation of Huntington Shopping Center continues to draw premier brands that, together, create a must-visit retail destination,” said Mark Brennan, VP of regional development at FRT.

This 21-acre community shopping center sits adjacent to Walt Whitman Mall on Rte. 110 in the main retail corridor. PetSmart, ULTA, Tilly’s, Michaels, and Vision Works are open. When the redevelopment is complete in 2024, there will be a total of 277,000 s/f of retail at the site.

On the construction front—FRT has begun work on the 43,609 s/f Whole Foods Market while REI builds out its 21,226 s/f store adjacent to Tilly’s alongside Rte. 110. Additional center improvements include the new pad site along Rte. 110, updated property-wide signage, lighting, and facades.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account