Filter by All
Samanea New York welcomes Empire Adventure Park 35,572 s/f deal negotiated by Colliers, TSCG and Woodmont
- July 1, 2021
- Deals, New York, Our Company, Our People, Retail Real Estate
Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., has signed a 35,572 s/f lease with Empire Adventure Park, a premier family entertainment center. The 10-year lease brings Samanea New York’s current signed and operating occupancy to 60%.
Samanea New York’s chief leasing & development officer, Dominic Coluccio negotiated the lease alongside his colleagues at property-owner Lesso Mall Development and Samanea New York’s exclusive broker, Colliers International. Matthew Kucker, Jordan Baruch, and Herb Agin of Colliers International acted on behalf of the landlord. Steve Gillman from TSCG and Joseph Williams from Woodmont acted on behalf of the tenant.
Located along one of Long Island’s most traveled retail corridors, the Long Island commercial property, formerly known as the “Fortunoff Mall at the Source,” spans over 750,000 s/f on 38 acres of land. Construction for Empire Adventure Park will begin in January 2022, with an expected opening date in late 2022.
“We are happy to welcome Empire Adventure Park,” said Coluccio. “There is currently a strong demand for landlords to create new, immersive experiences, and Samanea NY was in a position to accommodate an entertainment park. Samanea NY is an ideal location for businesses to showcase their products and services to a diverse visitor audience. In less than two years, the team has doubled occupancy and is excited to continue to expand our tenant base and repurpose this iconic Westbury property to create a lifestyle destination that offers selective retail, entertainment, and international cuisine.”
“The adventure park will bring much needed traffic inside the once thriving mall, improving the co-tenancy as we continue to open new restaurants, entertainment and bring new retailers to Westbury,” Kucker, managing director, LI, Colliers Int’l.
Matthew Mullen, president of Empire Adventure Park, said, “We are looking forward to providing the Long Island community with an innovative and exciting new recreational park. The new Samanea New York property is centrally located in Nassau County and is the ideal site for us to be opening our very first location. Dominic and his team at Lesso have been terrific to work with, providing us with the best space needed to introduce over 10 safe and thrilling indoor attractions.”
Empire Adventure Park will feature trampolines, ninja obstacle courses, a ropes course, climbing walls, augmented reality games and more. Empire will be located on the property’s second floor and accessed by guests using the property’s rear entrance.
Samanea New York recently underwent a $30 million reimaging. Among the significant structural changes to the property are two new main exterior entrances: one, on Old Country Rd. on the North West side of the property; the second, on Merchants Concourse on the North East side of the property.
Empire Adventure Park joins Dave & Buster’s, The Cheesecake Factory, Bloomingdale’s Furniture Outlet, 99 Ranch Supermarket and other brand name tenants signed by Samanea New York.
Brand-name tenants with signed leases include six already onsite and four which will soon welcome guests. Bloomingdale’s Furniture Outlet, which opened in 2020, is the first anchor tenant to open on the property in almost 20 years.
Current Samanea New York tenants include Dave & Buster’s, The Cheesecake Factory, Bloomingdale’s Furniture Outlet, Fortunoff Backyard Store, MoCa Asian Bistro, Frank & Camille’s West Pianos, Leon Banilivi Rugs, Korean BBQ, Szechuan and 99 Ranch Supermarket, a leading Asian supermarket with over 50 locations across the U.S., will be opening its first New York location at Samanea New York in Fall, 2021.
NYREJ Article Here