BRONX, N.Y., June 26, 2018 /PRNewswire
SD Urban Retail, a Manhattan-based owner and developer, announced today that it has executed a lease with Sherwin-Williams at its shopping center, The Shops on Broadway, located at 5740 Broadway, Bronx, NY 10463. Sherwin-Williams will occupy 4,000 square feet of SD Urban Retail’s newly constructed shopping center comprised of 24,000 square feet of ground-floor retail with 86 parking spaces, 14-foot ceiling heights, and 240 feet of frontage. Sherwin-Williams is expected to open in Q1 of 2019 and will offer a variety of paints, stains, colors, and supplies in addition to protective coatings and product finishes.
“We are excited to welcome a high-caliber national tenant like Sherwin-Williams to our center,” says Daniel Alvarez of SD Urban Retail. Alvarez adds, “They are satisfying a major need in the neighborhood and will draw significant activity to the center.”
Sherwin-Williams is joining a diverse mix of tenants at The Shops on Broadway, including FedEx Office, Victoria’s Nails & Spa, and Kabuki Asian Bistro & Hibachi. Victoria’s and Kabuki are strong regional operators with 8+ locations each, and they are both scheduled to open their stores in Q4 of 2018.
The signing of Sherwin-Williams brings the center to over 70% occupancy and leaves only 8,000 square feet left to lease.
SOURCE SD Urban Retail