Press Release
(White Plains, NY) April 1, 2008–– Staubach Retail announces that Burlington Coat Factory has leased 80,011 square feet on the ground and second floors at The Shoppes on Main in White Plains, NY. Patrick A. Smith, Christa Minogue and Hugh Kelly of Staubach Retail’s New York office represented the landlord, 275 Main Street Associates, L.P., an affiliated entity of Ivy Equities in the lease. Clifford Simon, of CNS Real Estate, represented the tenant, Burlington Coat Factory. This transaction signifies the completion of over 270,000 SF of leasing by Staubach Retail at Shoppes on Main and the conclusion of repositioning the former Sears department store to a multi-tenant vertical shopping center. The new store is scheduled to open in late Fall 2008.
Staubach Retail provides a full range of services including brokerage, development, capital solutions, consulting and managed services to both retail users and retail owners of real estate. In addition, Staubach Retail has specialty focus in the areas of automotive, service and convenience, restaurant and entertainment, anchor and junior anchor, food and drug, and fashion and lifestyle retailers. With the largest, dedicated staff of retail real estate professionals in the country, Staubach Retail combines national coverage with local expertise to give clients a competitive edge in the retail arena.