(For more retail coverage, click GlobeSt.com/RETAIL.)
YONKERS-YNR Management of Bayside has purchased the leaseholdinterest in the Yonkers Shopping Center on Central Avenue here for$11.8 million. CB Richard Ellis reports the Queens-based firm paid$209.36 per sf in the transaction. The seller of the leaseholdinterest on the 56,361-sf property was not disclosed.
The one-story shopping center is 92% leased and is anchored by a28,054-sf Staples store. Other major retail tenants include LucilleRoberts, which leases a 9,000-sf store and Outback Steakhouse,which leases 6,743 sf of space at the center.
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