Retail Leases of 2020 Target signs

Feb 26, 2024

This year’s most lucrative retail leases look different from the usual Manhattan fare. Generally an
apparel or beauty store appears at the top of the list. Or, like last year (https://
therealdeal.com/2019/12/19/here-are-manhattans-most-valuable-

Here are the 10 most valuable retail leases of the year, according to data from PincusCo

1. Home Depot | 410 East 61st Street | $9 million
Home Depot has had some year. As homebound Americans rebuilt their decks and home
builders laid down foundations en masse, Home Depot and five other big-box chains accounted
for 29 percent of all U.S. retail sales in the second quarter. And it’s growing. Home Depot’s
massive 120,000-square-foot lease at 410 East 61st Street — formerly home to a Best Bath &
Beyond — topped the list. Peter Ripka of RIPCO Real Estate represented Home Depot in the Oct.
1 deal. RIPCO also represented landlord Gazit-Globe Group.

AER tower in downtown Tampa nears completion

Mar 18, 2024

Construction on 31-story apartment building in downtown Tampa is expected to wrap this summer, more than a decade after the project was first proposed. The Arts and Entertainment Residences, or AER, tower is located at 300 W Tyler St. between the John F. Germany...

Gazit closes on $134M refi’ of Home Depot building on East 61st

Feb 26, 2024

Gazit-Globe announced that its subsidiary, Gazit Horizons, Inc., has entered into a Credit Term Lease (CTL) bond financing for 410 East 61st Street with $134.4 million. The Property, which is approximately 120,000 s/f spanning four floors, was leased last year to The...