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-- WITH PHOTO -- TO BUSINESS, HEALTH, AND REAL ESTATE EDITORS:
Simone Development Announces Over 20,000 Square Feet of Office and
Retail Leasing Activity at Metro Center Atrium
BRONX, N.Y., March 5, 2014 /PRNewswire/ -- Simone Development
Companies today announced over 20,000 square feet of office and retail
leasing activity at Metro Center Atrium, Simone's new
370,000-square-foot mixed-use project currently under construction at
Hutchinson Metro Center.
Photo - http://photos.prnewswire.com/prnh/20140305/PH76872
On the office side, Montefiore Medical Center will expand its large
existing presence at Hutchinson Metro Center with a new
16,000-square-foot office lease at Metro Center Atrium, and the Law
Offices of Joseph A. Romano will relocate into 5,000 square feet of
newly built space.
Retail leasing continues to thrive with the signing of Dunkin Donuts,
which will occupy 1,500 square feet on the ground floor, joining an LA
Fitness health club (New York City's first) and a 9,000-square-foot
Children's Corner day care center and providing an amenity for other
tenants. Simone is currently negotiating with a national family-style
restaurant chain that could open at Metro Center Atrium.
The new leases demonstrate the unique appeal of the new building,
which will feature a Marriott Hotel in addition to ground floor retail
and 212,000 square feet of office space. Metro Center Atrium is less
than a mile from five major hospitals, making it an ideal location for
medical practices and healthcare companies. For retail tenants, the
Metro Center Atrium provides a tremendous market of potential
customers, with over 4,000 people working at the Hutchinson Metro
Center complex. Retail spaces will open soon, and office spaces are
currently being built out with occupancy expected in early summer.
"The momentum at Metro Center Atrium is tremendous right now. The
level of interest from office and retail users is unbelievable, to the
point where we're wishing we had even more space to offer," said Jim
MacDonald, Vice President of Leasing for Simone. "Hutchinson Metro
Center has an outstanding set of attributes that appeal to major
medical and corporate office tenants, as well as retailers, and we're
seeing a great response as we move toward full occupancy."
Located within Simone Development's highly successful Hutchinson Metro
Center complex in the Pelham Bay section of the Bronx, Metro Center
Atrium features three floors of Class A office and medical space, as
well as further retail and restaurant opportunities. The
architecturally distinctive building features a spectacular glass
atrium and lobby and is set in a beautifully landscaped suburban-style
campus setting. Abundant parking is provided on-site with more than
1,100 spaces. For leasing information, call (718) 518-8600.
Conveniently located off the Hutchinson River Parkway, Metro Center
Atrium is easily accessible to major highways, bridges and airports.
Manhattan is less than 20 minutes away and Westchester County is 10
minutes away. LaGuardia, JFK, and Westchester County airports are
less than 30 minutes from the site.
About Simone Development Companies Simone Development Companies is a
full-service real estate investment company specializing in the
acquisition and development of office, retail, industrial and
residential properties in the New York tri-state area. Headquartered
in the Bronx, the privately held company owns and manages more than 5
million square feet of property in the Bronx, Westchester County,
Queens, Long Island and Connecticut. The company's portfolio includes
more than 100 properties and ranges from multi-building office parks
to retail and industrial space. The company's largest and most
successful development is the 42-acre Hutchinson Metro Center office
complex located directly off the Hutchinson River Parkway in the
Pelham Bay section of the Bronx. The first two phases of the complex
(1200 Waters Place and 1250 Waters Place), which comprise nearly
750,000 square feet of Class A office and medical space, are fully
leased. Two additional phases totaling 650,000 square feet (the
370,000-square-foot Metro Center Atrium and 280,000-square-foot Tower
Two, adjacent to 1250 Waters Place), are currently under development.
Contact : Great Ink Communications, Ltd. - 212-741-2977 Roxanne
Donovan (Email) Eric Waters (Email) Eric Gerard (Email)
Read more news from Simone Development Companies.
SOURCE Simone Development Companies
-0- 03/05/2014
/Photo: http://photos.prnewswire.com/prnh/20140305/PH76872
PRN Photo Desk, photodesk@prnewswire.com
/Web Site: http://www.simonedevelopment.com
CO: Simone Development Companies
ST: New York
IN: RLT CRL FIN REA RRL HEA
PRN
-- PH76872 --
0000 03/05/2014 13:30:00 EDT http://www.prnewswire.com
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