October 13, 2020
Target and H&M have signed new retail leases at the rebranded Cross County Center, formerly Cross County Shopping Center, in Yonkers, NY. Target will backfill 130,000 square feet at what was once home to the most successful Sears store in the nation. H&M signed a 10-year renewal to occupy 28,000 square feet for the first location of its upscale SOHO concept outside Manhattan.
The signings occur shortly after Marx Realty took over leasing and management of the historic shopping center earlier in the year. The firm has owned the center in partnership with Benenson Capital Partners for 65 years.
“As the retail sector emerges from the COVID-19 crisis, we have seen extraordinary foot traffic at the center showing pent-up demand,” said Craig Deitelzweig, CEO of Marx Realty.
Marx Realty was represented in-house by Mark Utreras. Target was represented by Ripco’s Jeffrey Howard, and H&M didn’t use a broker.
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