By Joshua Burd
A landlord has inked a new 15,000-square-foot lease with Modell’s Sporting Goods in Marlboro, company executives announced Wednesday.
Basser Kaufman, a Woodmere, New York-based real estate investment and development firm, said the sporting goods chain has signed a 10-year commitment at Marlboro Plaza. It will be among the newest stores at the recently renovated, 303,503-square foot-shopping center, which benefits from a location at the busy intersection of routes 9 and 520.
Jerry Welkis of Welco Realty and Bill Farkas of Jeffery Realty represented Modell’s, while Basser Kaufman represented itself.
“Modell’s will add a powerful retail component to our established and highly successful shopping center,” said Rob Goldfeder, director of leasing for Basser Kaufman. “It is a great fit for Marlboro Plaza and will enhance the fine restaurants, existing retail, and overall shopping experience.”
Recent renovations to the shopping center include a new façade, elaborate landscaping and an updated parking area, according to a news release. Modell’s will accompany existing major tenants including Hobby Lobby, TJ Maxx, Kohl’s, Staples and PetSmart.
