Positioning Retail Real Estate for a New Generation

July 16, 2015

  • Posted on:  Friday, 17 July 2015 14:29
  • Written by 
Rate this item
(0 votes)

Visionworks to Join Tenant Roster at Post Road Plaza in Pelham Manor, N.Y.

National Eyewear Retailer Inks 3,000-Square-Foot Lease at Levin-Managed Center

PELHAM MANOR, N.Y., July 16, 2015 – National eyewear retailer Visionworks has leased 3,000 square feet of space at Post Road Plaza in Pelham Manor, N.Y., according to Levin Management, the property’s exclusive leasing and managing agent. Located directly at the junction of U.S. 1, Pelham Parkway and the Hutchinson River Parkway, the 267,000-square-foot shopping center is one of Westchester County’s most vibrant retail destinations.

Levin’s leasing representative Jordan Korris negotiated the long-term lease. Jeremy Zidell of The Retail Connection and Fritz Kemerling of The Dartmouth Group represented the tenant.

“Retailers are attracted by Post Road Plaza’s centralized location, excellent daily consumer traffic and quality co-tenancy,” said Korris. “Visionworks is the ideal amenity to complement Post Road Plaza’s existing retail, dining and entertainment options. We are confident it will become a wonderful local resource for those who live and work in the community.”

The Post Road Plaza lease represents Levin’s third transaction with Visionworks, a leading national provider of eye care services. All stores offer designer and exclusive brand frames, lenses, sunglasses and accessories along with leading technology in vision correction. Service offerings include contact lens dispensing, in-store labs which provide one-hour service on many prescriptions at many locations, and doctors of optometry at or next to every store.

Visionworks will be one of four new national tenants to open at Post Road Plaza this year. Dining and entertainment chain Dave & Buster’s recently celebrated its grand opening, soon to be joined by Panera Bread and Sally Beauty Supply. Anchored by a 75,000-square-foot Fairway Market, the center’s retailer lineup also includes HomeGoods, Modell’s, Marshalls Shoes, Dress Barn, Lane Bryant, Citibank, Hallmark, Smashburger and GNC.

Post Road Plaza serves a growing residential population of nearly 411,500 people within a three-mile radius and nearly 1.2 million people within five miles of the property. The three-mile trade area offers an average household income of $72,000. Additionally, more than 82,000 vehicles pass the property per day on the Hutchinson River Parkway/Boston Post Road.

Levin is now marketing the property’s last remaining space of 7,500 square feet. The ground-level end-cap unit is divisible.

Headquartered in North Plainfield, N.J., Levin Management is one of the nation’s leading retail real estate services firms, with a strong focus in the northeastern United States and an owner’s approach to the business. The firm offers a full range of services for a diverse portfolio that encompasses approximately 95 properties and more than 13 million square feet, including leasing, property management, accounting, construction management and marketing. Levin serves properties ranging from neighborhood, community, lifestyle and power centers, to enclosed malls, street retail, downtown stores and mixed-use projects in New Jersey, New York, Pennsylvania, Massachusetts, Virginia and North Carolina.

Read 8045 times Last modified on Friday, 17 July 2015 14:35