“International grocery chain Lidl took on the 35,000 square foot outpost in the Queens Place Mall, occupying the entire lower level of the 440,000 square foot complex. This will mark Lidl’s second location in Queens, adding to its existing portfolio at 19-30 37th Street in Astoria.
Madison International Realty is the landlord of the building and was represented by Diana Boutross, Ian Lerner and Alan Schmerzler of Cushman & Wakefield. The tenant was represented by Kenneth Schuckman, and Jessica Vilmenay of Schuckman Realty.
Residency is set to take effect in 2024.
Lidl and Schuckman were not done, however, as the chain and broker closed another lease at 1730 Bedford Avenue, Crown Heights, Brooklyn for 33,000 square feet of retail space, good for third on the list.
Josh Augenbaum of Augenbaum Realty brokered the deal on behalf of the landlord 1730 Bedford Avenue Realty.
The German International retail chain and CEO Michal Lagunionek have had an appetite for New York City property this year, which continued into August. It’s reportedly grabbing 25,000 square feet of space in Park Slope, according to Commercial Observer.”
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