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Target Inks 139K-SF Retail Lease at Bronx Power Center
Urban Edge Properties signed a 139,000-square-foot lease with Target for a general merchandise store at Bruckner Commons in the Bronx. The REIT didn’t specify lease terms or identify any brokers involved in the deal.
The Target lease furthers the overall transformation of Bruckner Commons from a 1970s era shopping center to a 510,000-square-foot power center with category-leading retailers including ShopRite, Marshalls, Burlington, and Five Below.
“Bruckner Commons is a great example of how we improve communities by transforming retail properties in densely populated, underserved markets such as the Bronx,” said Scott Auster, SVP and head of leasing at Urban Edge. “Adding Target to this highly trafficked property secures its position as one of the top retail destinations in the New York metropolitan area.”
- ◦Lease
