New York & Tri-State + Outer + Retail | March 16, 2020

CushWake’s Townes Arranges Leases in LIC, LI, NJ

Cushman & Wakefield recently arranged five new leases for Phenix Salon Suites in New Jersey and New York, totaling approximately 47,000 square feet. David Townes of Cushman & Wakefield’s retail team brokered the long-term leases.

Largest of the five sites were 14,772 square feet at 650 Stewart Ave. in Garden City, NY, and 14,300 square feet at 30-30 Northern Blvd. in Long Island City, Queens. Cushman & Wakefield’s Joseph Grotto represented the 30-30 Northern Blvd. landlord, Alma Realty. Also in Long Island City, Townes arranged a 7,234-square-foot deal at 165-10 Archer Ave.

The recent transactions also include New Jersey locations at the Morris Hills Shopping Center, 3035 US 46 in Parsippany (5,100 square feet with Alana Friedman) and Woodbridge Crossing, 465 Greene St. in Woodbridge (5,642 square feet with James Aug of Sabre). Phenix now has six locations in the Garden State.

Pictured: 30-30 Northern Blvd.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).

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