Nike and Forever 21 to Open Flushing Locations at SkyView
By Tobias Salinger November 24, 2014 10:07 am
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Global retailers Nike and Forever 21 will open new stores in the spring of 2015 at the Shops at SkyView Center in Flushing, Queens, onex real estate partners announced last week.
The two well-known brands inked 10-year leases at SkyView, officials at Onex said, with Nike grabbing a 15,000-square-foot space on level D and Forever 21 booking a 10,093-square-foot space on level B of the 700,000-square foot shopping center at 40-24 College Point Boulevard.
“The leasing momentum at the Shops at SkyView Center continues with the addition of Forever 21, which further establishes The Shops at SkyView Center as a preferred venue for today’s top national retailers in the region,” said Michael Dana, president of Onex, the owner and developer of SkyView, in a prepared statement. “We expect Forever 21 to further complement our growing list of retailers and attract additional fashion-focused brands to this destination shopping center.”
No brokers acted on behalf of either the landlord or the tenant in the deal, Onex officials said.
The officials also declined to state asking rents for the retail development, but recent deals have commanded rents from $75 to $125 per square foot, according to The Wall Street Journal, which first reported the deals. The mall has leased 95 percent of its retail space to tenants such as Nordstrom Rack and The Children’s Place and Onex officials plan to begin construction this month on an 800-unit condominium at the site. The company has already sold out an existing condo building with 448 units above the Shops at Skyview, the publication reported.
