Simone Development’s 63,000 Square-Foot Retail Center at 260-262 Boston Post Road in Port Chester, NY, Is Now Fully Leased with the Signing of Two New Leases Totaling 4,485 SF

boston post road development fully leased

PORT CHESTER, NY (December 12, 2023) – Simone Development Companies has signed two new leases totaling 4,485 square feet of prime retail space at Post Road Plaza at 260-262 Boston Post Road (US Route 1) in Port Chester, NY. The 63,000 square-foot retail center is now fully leased.

Mercadito Farm has signed a new long-term lease for 3,485 square feet. It is a farmer’s market offering fresh produce, poultry, meat, fish, cold cuts, and other customary foods found in grocery stores, as well as beer and wine coolers.

H&R Block, the worldwide tax preparation company, has leased 1,000 square feet.

Representing Simone in both deals was Scott Meshil and Karnit Mosberg Royal Properties, Inc.

Located minutes off of I-95 and I-287 with close proximity to the Hutchinson River Parkway, Post Road Plaza was recently renovated, with new pylon signage, and includes free parking with parking lot upgrades in progress. In addition to anchor LA Fitness, existing tenants include European Wax Center, Mattress Firm, Nothing Bundt Cakes, Domino’s Pizza, Subway, Nailed It Spa, Pet Spa Center, Ella’s Beauty Lounge, and Wei Wong Kitchen.

“We are very pleased to have fully leased this 63,000-square foot retail center with a mix of service retail, national chains, and local businesses. Its close proximity to major highways and abundant free parking makes this an attractive location for today’s leading retailers,” said Joanna Simone, Principal & President of Leasing and Property Management Operations for Simone Development Companies.

2023-12-21T15:13:14-05:00December 12, 2023|
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70-110 Nardozzi Place

70-110 Nardozzi Place

New Rochelle, NY

Located directly off Interstate-95 North & South and in close proximity to Main Street and the Hutchinson River Parkway in New Rochelle, 70-110 Nardozzi Place is a thriving retail complex with experiential and service-oriented tenants. 70-75 Nardozzi Place is a two-story, free-standing structure completed in 2021 and anchored by LA Fitness. The adjacent building, 80-110 Nardozzi Place, underwent a complete façade renovation in 2020 and offers excellent highway visibility. Both buildings total 210,000 square feet and the complex is adjacent to several national retailers including Costco, Home Depot, CVS, Dunkin’, Bank of America, Jaquar Land Rover, and more.

  • 70-80 Nardozzi Place - Ashley Furniture
  • 70-80 Nardozzi Place - Lot
  • 70-80 Nardozzi Place - LA Fitness
FOR LEASING INFORMATION, PLEASE CONTACT:

Joanna Simone
President of Leasing and Property Management Operations

2024-01-18T09:08:39-05:00December 11, 2023|
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Chipotle to Open New Bronx Location at Simone Development’s Hutchinson Metro Center Atrium

BRONX, NY – September 12, 2023 – Simone Development Companies has announced Chipotle Mexican Grill has signed a long-term, 2,957-square-foot lease at the firm’s Metro Center Atrium, located at 1776 Eastchester Road within the Hutchinson Metro Center complex in the Bronx. Josh Gopan, Vice President of Leasing at Simone Development, and in-house counsel Patrick Doyle represented ownership alongside Chris Walther and Miles Mahony of RIPCO Real Estate. Chipotle was repped by Ben Weiner and Joanne Argenti of RIPCO Real Estate.

Simone Hutchinson Metro Center Atrium

Chipotle operates over 3,100 locations in the U.S, including over 55 in New York City alone. Their latest location at The Hutchinson Metro Center Atrium, serving the Pelham Bay and Morris Park neighborhoods in the Bronx, features an enhanced beverage menu offering margaritas and beer in addition to fountain and bottled refreshments.

“Chipotle is the perfect addition to an already robust offering at The Hutchinson Metro Center Atrium,” said Josh Gopan, Vice President of Leasing at Simone Development. “The fast casual restaurant was attracted to our mixed-use complex due to its ideal location, generous onsite parking, 24/7 security, and outstanding tenant roster, including one of the borough’s only major flag hotels.”

Simone Development’s Hutchinson Metro Center Atrium is a 360,000-square-foot mixed-use complex featuring three floors of Class A office and medical space, as well as retail and a 125-room Residence Inn by Marriott. The property features a remarkable glass atrium and lobby, as well as more than 1,100 onsite parking spaces. The retail spaces at the Atrium are now fully leased.

Chipotle joins several well-known retail tenants at the Hutchinson Metro Center Atrium, including LA Fitness, Dunkin Donuts, A_Z Nutrition, and Residence Inn by Marriott. The property is also home to several healthcare related tenants including Affinity Health Plan, Montefiore’s Division of Plastic Surgery and Department of Medicine, as well as Freedom Center Home Dialysis and Hanger Clinic Prosthetics and Orthotics.

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.

2023-10-09T14:48:56-04:00September 12, 2023|
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Simone Development Announces Signing Two New Retail Leases Totaling 3,552 SF at Boyce Thompson Center in Yonkers, NY

YONKERS, NY (July 2023) – Simone Development Companies has announced signing two new leases totaling 3,552 square feet of retail space at the Boyce Thompson Center at 1086 North Broadway in Yonkers, NY. Enbu Asian Fusion, a Japanese/Asian fusion restaurant, is leasing 2,580 square feet of space at the mixed-use center. SoYo Nails, a nail salon, is leasing 972 square feet.

Built in the early 1900s, the historic Boyce Thompson Center has been transformed by Simone Development into a premier 85,000-square-foot mixed-use center featuring a variety of medical and retail tenants. Medical tenants include St. John’s Riverside Hospital, Westmed Medical Group, Columbia Doctors, Mount Sinai Doctors, ENT and Allergy Associates, Motion PT, Metro Vein Centers and Riverside Dental Health. Retail tenants include Tompkins Mahopac Bank, Ultimate Spectacle, Family Wellness Pharmacy, The Taco Project, Starbucks, Executive Wine & Spirits, fresh&co, and Fortina Restaurant.

“We are delighted to welcome Enbu Asian Fusion and SoYo Nails to our growing roster of retail tenants at the Boyce Thompson Center. These businesses are a great amenity not only for those who work at the Boyce Thompson Center and for patients visiting our medical tenants, but for the entire surrounding Yonkers community,” said Josh Gopan, Vice President of Leasing at Simone Development.

Representing Simone Development in both transactions were Josh Gopan, Vice President of Leasing at Simone Development, along with Michael Hansen from the company’s legal team. Enbu Asian Fusion was represented by Laurence London of Laurence London & Co. Karnit Mosberg of Royal Properties represented SoYo Nails in the lease transaction.

2023-07-21T10:27:58-04:00July 21, 2023|
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Simone Development Companies Diversifies Shopping Centers To Suit Contemporary Consumers

Securing experiential and service-oriented tenants is key to maintaining vibrant shopping centers in the e-commerce era, said Joseph Simone of Simone Development Companies.

“As big-box retailers shrink their footprints or close locations, shopping center owners are increasingly challenged to identify experiences and personal services that can bring more foot traffic to retail destinations,” said Joe Simone, President of Simone Development Companies. “Across the country, we’re seeing the rise of health clubs, experiential retail and urgent care at shopping centers.”

Joe SimoneIn New Rochelle, N.Y., LA Fitness recently opened a 36,000-square-foot gym in a strip shopping center owned by Simone Development Companies and G&S Investors. LA Fitness now occupies the majority of a two-story, free-standing structure at 75 Nardozzi Place. The health club is adjacent to a cluster of 30 beauty and personal service businesses housed within My Salon Suite of New Rochelle and destination retail like PXG Westchester, a golf franchise whose amenities include interactive swing simulators and a practice putting green.

According to data from the retail-analytics firm Creditntell, a retailer located in a shopping center with a health club receives about 2.5 percent more monthly visits compared with a similar retailer in a shopping center with no fitness tenant.

The presence of an LA Fitness as an anchor at another Simone Development property at 262 Boston Post Road in Port Chester, N.Y., helped to attract new businesses. Nothing Bundt Cakes, Nailed It Spa and European Wax Center recently opened at that revitalized location.

“We recognize the value that fitness businesses bring to shopping centers, particularly in terms of early-morning and evening foot traffic,” said Joanna Simone, Principal and President of Leasing and Property Management Operations at Simone Development Companies. “Some prospective tenants specifically seek shopping centers with health clubs because their services align with the healthy lifestyles promoted by the gyms.”

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 services 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.

2023-06-01T10:58:40-04:00June 1, 2023|
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