Leading Furniture Maker Anthony Lawrence-Belfair Signs New Lease at Simone Development’s 1200 Zerega Ave. in the Bronx
BRONX, NY (October 24, 2024) – Simone Development Companies has announced that Anthony Lawrence-Belfair, a leading furniture company specializing in the manufacturing, distribution, repair, and restoration of furniture and home goods, has signed a long-term lease for 25,214 square feet of warehouse space and 19,312 square feet of land at 1200 Zerega Ave. in the Bronx. The new space will serve as a showroom and studio, supporting the company’s relocation from Long Island City.
Simone Development was represented by in-house leasing and legal teams alongside Mat Diana of DY Realty, while Anthony Lawrence-Belfair was represented by Helen Paul of Cushman & Wakefield and Joseph Caputo of Exit Realty Premier.
“With its strategic location, ample outdoor storage options, and flexible space configurations, 1200 Zerega Ave. is an ideal fit for companies like Anthony Lawrence-Belfair,” said Josh Gopan, Vice President of Leasing for Simone Development Companies. “The property offers quick and easy access to major highways and public transportation, making it a highly attractive choice for businesses looking to optimize their operations and better serve their customers.”
The lease secured the final warehouse and ground floor space offered at 1200 Zerega Ave. The property has a remaining 12,891 square feet of office space available on the second floor, which comes with over 12,000 square feet of parking, a dedicated elevator, and four sides of window frontage. The building is conveniently located near the #6 subway line, multiple bus routes, and major highways including the Hutchinson River Parkway, the Bruckner Expressway, and the Cross Bronx Expressway.
Simone Development Companies Signs Another Full-Building Lease with Fastenal Company, North America’s Largest Fastener Distributor
Company Snaps Up 10,347 SF Warehouse Property in Westchester Square Section of The Bronx
BRONX, NY (October 23, 2024) – Simone Development Companies announced that the largest fastener distributor in North America, Fastenal Company, has signed a 10,347-square-foot, long-term warehouse lease at 1385 Commerce Avenue in the Bronx, NY.
Simone Development Companies was represented by in-house leasing and legal teams while Fastenal Company was repped by Mathew Diana of DY Realty.
Fastenal will use the building for warehouse space and storage of construction and hardware materials, as well as ancillary office space. The deal marks the most recent lease for the company at a Simone property. In 2023, Fastenal Company signed a long-term lease for 7,100 square feet at Simone Development’s nearby 1448 Ferris Place in the Bronx, NY.
Fastenal is a diverse company that provides a variety of services to different organizations: an expert consultant, a logistics company, a technology provider, and more generally a distributor of wide-ranging industrial and construction products.
“We are thrilled that Fastenal Company has once again chosen a Simone Development property for their latest expansion,” said Josh Gopan, Vice President of Leasing at Simone Development Companies. “The building’s excellent condition and accessible location with proximity to major highways and public transportation make it a perfect fit for Fastenal.”
The street-level property is in move-in condition and offers 20-foot ceiling heights, two drive-in doors, and heavy power. It is a short walk from the Westchester Square #6 subway station and convenient to the Cross Bronx and Bruckner expressways.
Arsen’s Gym Leases 9,000 SF at Simone Development Companies’ 316 Courtland Avenue in Stamford, CT
STAMFORD, CT – October 8, 2024 – Simone Development Companies has announced that Arsen’s Gym has signed a new, long-term lease for a 9,000 square-foot fitness facility at 316 Courtland Avenue in Stamford, CT. The new gym is Arsen’s sixth location and will feature a range of equipment, including cardio machines, boxing bags, free weights, and cable machines.
Simone Development Companies was represented by in-house leasing and legal times along with Kevin Langtry from RM Friedland, who also represented the tenant in the lease.
“We are very pleased to welcome Arsen’s Gym to our property at 316 Courtland Avenue,” said Josh Gopan, Vice President of Leasing for Simone Development Companies. “This addition complements our existing fitness-oriented tenants at the property, including Advanced Therapy & Performance and Empowered Aerial Fitness. Arsen’s Gym is a valuable asset to the local community and will enhance the overall fitness landscape and offering in the area.”
The new lease brings occupancy to 95% at the property, with just two remaining spaces available for 2,508 square feet and 3,500 square feet, respectively. The 115,453-square-foot building offers flexible layout options, an elevator to the second floor, and abundant parking with 243 spaces. 316 Courtland Avenue is also conveniently located just a mile from I-95 and a half-mile from the Glenbrook train station.
First Student, Leading School Bus Company, Renews Lease for 31,000 Square Feet at 316 Courtland Avenue, Stamford
STAMFORD, CT (November 2023) — Simone Development Companies has announced that First Student, North America’s leading school bus transportation company, has renewed a lease for 31,000 square feet of space at 316 Courtland Avenue, a 115,453-square-foot property in Stamford featuring warehouse/R&D and office space.
Both ownership and First Student were represented in-house.
“316 Courtland Avenue is the ideal facility for First Student, providing modern flexible space in a convenient location that is less than a mile from I-95 and the Glenbrook Metro-North train station,” said Josh Gopan, Vice President of Leasing for Simone Development Companies.
As a leading school transportation solutions provider in North America, First Student delivers reliable, quality services, including full-service transportation and management, special-needs transportation, fleet electrification, route optimization, and scheduling, maintenance, and charter services with a fleet of more than 44,000 vehicles.
316 Courtland Avenue property features include 1.1-acres of outdoor storage space, clear span warehouse space with ceiling heights from 12 to 17 feet, an elevator to the second floor of the office space, 9 drive-in bays, abundant parking with 243 total spaces and ample power. Other tenants in the building include Beacon Sale Acquisition, Advanced Therapy Performance, Amphenol Corp., and Empowered Aerial Fitness.
About Simone Development Companies
Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of healthcare, mixed-use, office, industrial, retail and residential properties. Headquartered at the Hutchinson Metro Center, it boasts a portfolio of over 7 million square feet throughout the Bronx, Manhattan, Queens, Long Island, Westchester County, Orange and Fairfield Counties and New Jersey. With expertise spanning acquisition, development, construction, finance, asset management, accounting, leasing and property management, Simone Development Companies is set apart by its vertically integrated management team, long-term asset ownership and its pursuit of visionary development.
Simone Development Announces Fleet Pump & Service Group Signs Lease Renewal for Entire 31,255-Square-Foot Building at 455 Knollwood Road in White Plains
455 Knollwood Road, White Plains
WHITE PLAINS, NY (October 2023) — Simone Development Companies has announced that Fleet Pump & Service Group Inc. has renewed a long-term lease for the entire 31,255-square-foot industrial building at 455 Knollwood Road in White Plains.
Josh Gopan, Vice President of Leasing, and Sean Heneghan, Assistant General Counsel, represented Simone Development in the lease transaction.
“Fleet Pump & Service Group is a long-time tenant of this building. We are very pleased to have them renew another long-term lease. This building is conveniently located minutes from the I-297 corridor and downtown White Plains,” Gopan said.
Founded in 1974, Fleet Pump & Service Group’s line of business includes providing plumbing, heating, air-conditioning, and similar work. Rick Rakow of Rakow Commercial Realty Group represented Fleet Pump & Service Group in the lease negotiation.