Printer Friendly
The Free Library
14,558,602 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BMW biggest in tri-state after 100,000 s/f lease.


Pliskin Realty & Development recently announced that two of its representatives were involved in consummating a five year lease with two five-year options for BMW BMW
 in full Bayerische Motoren Werke AG

German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s.
 of Bayside bay·side  
adj.
Situated very close to or on the shore of a bay: bayside cottages. 
, Inc.

Pliskin Associate Broker Mandy Cantor represented the landlord, Federal Realty Investment Trust (Rockville, MD), while Pliskin Associate Director Diane Taback represented the tenant, BMW of Bayside Inc.(Bayside, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
).

As a result, BMW of Bayside, one of the New York-Metro area's largest BMW dealerships is set to occupy a five story brick building, over 100,000 square feet in size, which it will use for an automotive warehouse and service center.

The building is located at 186-01 73rd Avenue in the Fresh Meadows Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  (Fresh Meadows, NY). The previous tenant was Chrysler Dodge.

Cantor, who joined the company in 2001, has represented Federal Realty Trust in past transactions. In addition, she has handled numerous sales and leases on behalf of many major restaurant chains The following is a list of restaurant chains.

See also: Fast-food restaurant, Casual dining, List of reference tables. International

  • Bennigan's
  • Burger King
  • Charley's Grilled Subs
  • Domino's Pizza
  • Hard Rock Cafe
 and other leading national and regional organizations.

Taback has brokered many significant transactions on behalf of a diverse clientele since joining Pliskin in 2004. Taback specializes in Landlord/Tenant representation and Investment sales.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Date:Jun 14, 2006
Words:186
Previous Article:Filling a key niche for investors and developers.(PROFILE OF THE WEEK: Stephen DeNardo & George Yerrall, managing directors Riveroak Investment...
Next Article:LaBranch to open new location at 33 Whitehall.(LaBranche & Company Inc.)
Topics:



Related Articles
Vacancy Rate Shrinks Amid Slew of Small Lease Deals.(Burbank, Glendale, and Pasadena, California)(Brief Article)(Statistical Data Included)
Greenwich Financial Center sold.(Brief Article)
Flurry of lease deals gives boost to lackluster market. (Real Estate Quarterly--Tri-Cities).(Brief Article)
Racing to stay ahead: BMW is investing heavily to survive as an independent automaker. Will it work?(Global)(Company Profile)
BMW expansion plans move in to full gear.(Brief Article)
Reckson ends record quarter with 203,000 s/f bank lease.
CBRE's NJ market share continues to increase.(Commercial Sales & Leasing)(CB Richard Ellis Inc.)
CB Richard Ellis' top dogs get a pat on the back.(NEW JERSEY)(Brief article)
Sale of the Year award goes to CBRE.
CB Richard Ellis offering more following Trammell buyout.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles