Lidl Leasing Two More NYC Locations in Queens (therealdeal.com)
Grocer takes nearly 70K sf across Glen Oaks, Fresh Meadows shopping centers
Lidl’s love for New York City keeps gaining ground with two leases in Queens.
The Germany grocery chain inked a long-term deal for 28,000 square feet at Fresh Meadows Place in the Queens neighborhood, The Real Deal has learned. It will join a tenant roster at the Federal Realty Investment Trust complex that includes CVS, Starbucks and Kohl’s.
The grocery store is replacing the Michaels crafts chain, which closed its doors at 187-04 Horace Harding Expressway in February, according to QNS. Lidl could open there in the first quarter of next year.
Schuckman Realty’s Kenneth Schuckman represented both sides of the transaction, while Lance Billingsley represented the landlord in-house.
https://cb821ec1d23d71cb584f9dcf58b4aca0.safeframe.googlesyndication.com/safeframe/1-0-40/html/container.html Lidl is also on board at the Feil Organization’s Glen Oaks Shopping Center at 255-01 Union Turnpike, the Commercial Observer reported. The supermarket signed a 15-year deal for 41,000 square feet, including 34,000 square feet on the ground floor.
The asking rent for that lease was between $30 and $40 per square foot. Lidl is replacing another supermarket, Key Food, which closed more than a year ago.