December 9, 2019
Tishman Realty’s E*Walk entertainment and experiential retail complex in Times Square has executed a lease with Target Corporation for a new store of approximately 33,000 square feet. The planned store will be the next component of Tishman’s recently launched $60-million capital improvement plan for E*Walk, with completion expected for late 2021.
“E*Walk is a prime location for retailers located along 42nd Street between Seventh and Eighth avenues,” said JLL’s Patrick A. Smith, who leads leasing efforts on behalf of Tishman. “The Times Square area boasts over 94,000 passers-by daily and 65 million commuters a year from the nearby subway stations and Port Authority Bus terminal. The next evolution of E*Walk will showcase the best in retail, entertainment, food and experience.”
Smith and his JLL colleagues Erin Grace, Corey Zolcinski and Matt Ogle negotiated the lease on behalf of Tishman. Richard Skulnik of Ripco represented Target.
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