Eltingville Shopping Center on SI Adds Three New Tenants to Roster
By Danielle Schlanger April 13, 2015 5:43 pm
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Smashburger, the Staten Island Behavioral Network and Ivy Urgent Care Center have all signed long-term leases at Muss Development’s Eltingville Shopping Center at 4310-4370 Amboy Road in Staten Island, Commercial Observer has learned. These transactions bring the retail component of the 100,000-square-foot complex, which also includes office space, to 100 percent occupancy.
“We’re thrilled to bring in Smashburger,” said Jason Muss, the principal of Muss Development. “It adds another food choice to the center. The Urgent Care Center will be a good service to the area and the Staten Island Behavioral Center is going to be within the office component of the center. We think ultimately, all these tenants work very well together. We’re very pleased to be able to [bring occupancy to 100 percent].”
Muss Development’s Bill Bergman represented the landlord in all three transactions and procured all three tenants. Mr. Bergman declined to provide specific asking rents, but noted at the shopping mall they tend to run in the mid- to high-$30s per square foot. Mr. Muss noted that all of the aforementioned leases are between 10 and 15 years.
The Staten Island Behavioral Network, a health home provider, will relocate its offices within Staten Island to occupy a 7,270-square-foot office space. The company is expected to move in the second quarter of 2015.
It was unclear who represented the Staten Island Behavioral Network in the transaction; the company could not immediately be reached for comment.
Ivy Urgent Care Center, an affiliate of NYU Langone Medical Center that will offer same-day, walk-in medical services, signed a 4,579-square-foot retail lease. It will relocate within Staten Island in the fourth quarter of 2015.
“We already have a location on Staten Island and we were looking to expand our brand in this community,” said David DiTommaso, one of the owners of Ivy Urgent Care. “The Eltingville area has strong demographics that are suitable for our type of medical practice.” Mr. DiTommaso negotiated the lease on behalf of his organization.
And Smashburger has signed a 2,550-square-foot retail lease, adjacent to Ivy Urgent Care Center. The restaurant is slated to open in the third quarter of 2015.
“We’ll be there hopefully in a few months and we should be hiring about 40 to 80 people,” said Douglas Tedesco, a district manager of Multibrands, which represents Smashburger. “We’re excited to break into the market over there. This is our first store in Staten Island and hopefully we’ll have three to four over the coming years.” There was no broker in this transaction.
Other tenants at the shopping center include Rite Aid, Perkins Family Restaurant, Subway, Carvel, Verizon Wireless and Santander Bank.
