Alexander’s Leases 135,000 Square Feet to Target at Rego Park Shopping Center

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Alexander’s has completed a 15-year lease with Target Corporation for 135,000 square feet at its Rego Park Shopping Center in Queens, New York. The multi-level, 600,000 square foot open-air center is now 99% leased with a weighted average lease term of approximately 9.3 years. The property is anchored by Costco, Burlington, Best Buy, Marshalls, T.J. Maxx, Aldi, and Petco. Alexander’s is a real estate investment trust with four properties in New York City.

Impact on stocks 8

Consumer Discretionary▲ · 4 stocks
Consumer Staples▲ · 2 stocks
Target Corporation
TGT
▲ PositiveDemandrelevance

Target expands its retail footprint with a new 15-year lease in Queens.

Real Estate▲ · 1 stocks
Alexanders Inc
ALX
▲ PositiveDemandrelevance

Target leases 135,000 sq ft at Rego Park, increasing occupancy and lease term.

Energy Transition & Power Demand▲ · 1 stocks

Off-coverage companies 1

AldiPrivate± Mixed
relevance

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