Midwood gets a new supermarket.
Discount Supermarket Chain Aldi has signed a lease for 20,110 square feet of space at 2201 Nostrand Avenue in the Flatbush Junction area. The store will take up space previously occupied by The Children’s Place and the David Bridal Store, and is set to open this fall.
Other tenants in the 300,000-square-foot Triangle Junction retail complex, which it owns Triangular equities, Target, Home Goods, AT&T Wireless and Apple Bee.
“Aldi is a perfect addition to the Flatbush environment, which provides quality groceries for the area while many people dine at home,” said Esther Buchai. Ripco Real Estate, Who awarded the contract on behalf of Aldi, said in a statement. “In this property class we are increasing the size of our contracts and looking for more sites.”
In fact, the German-owned Aldi has been expanding in recent years; The chain currently has 2,000 seats in 37 U.S. states, but expects to reach that 2,500 by 2022. Aldi has two other Brooklyn locations: one in Sheephead Bay, and the other in Eastern New York.
The asking rent and the length of the lease have not been disclosed, but the Costar Group estimates the rent for the property will range from $ 93 to 4 114 per square foot.
Supermarkets Most are fine During corona virus infections, consumers have switched from eating to eating in their homes.