High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Outer Boroughs  + Retail  | 
Kings Plaza shopping center exterior Brooklyn

Target Backfills JCPenney Space at Kings Plaza

Macerich has signed Target as a new tenant to Kings Plaza in Brooklyn. The three-level, 90,000 square-foot Target will open in the former JCPenney location at Kings Plaza, reportedly the borough’s largest enclosed retail shopping center. 

“We are exceptionally pleased to welcome a new Target to Kings Plaza, which is a dominant retail destination in this dynamic part of New York City,” said Ed Coppola, president, Macerich. “Target is an incredibly productive and premier brand that is a terrific fit for local shoppers, who have made a strong return to in-person shopping. We believe the attractive demographics surrounding Kings Plaza make this property a match for all that Target has to offer.” 

Jeffrey Howard of Ripco represented Target in leasing negotiations. The Kings Plaza space formerly occupied by JCPenney has been dark since the retailer filed for Chapter 11 protection during the pandemic. 

Connect

Inside The Story

Macerich

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Lease