Phase I, including Costco Wholesale Club, is now open, and Phase II, anchored by REI, is under construction.
Rochester, NY (PRWEB) June 09, 2016
Ferrara Jerum International, a leading retail real estate brokerage firm in the Northeastern US, will be responsible for the leasing of all retail and hotel space at the 45 acre mixed use development.
Phase I of the project has been constructed and the first tenants are open and operating, including a 150,000sf Costco Wholesale Club, CityGate Liquors, DiBella’s, Cheeburger Cheeburger and a 5 Star Bank branch. Qdoba Mexican Eats is also under construction. FJI will complete the leasing of the remaining shop space in Phase I. The 145,000sf Phase II will include Rochester’s only REI and 68,000sf of additional shop space, along with 291 apartments and a 120 key hotel. Pre-leasing of Phase II is underway. More information is available on the FJI website: http://www.ferrarajerum.com/property-listings/city-gate .
About Ferrara Jerum International, LLC
Founded in 1989 by Thomas Ferrara in Rochester, NY, Ferrara Jerum International is one of the leading retail real estate consulting firms in the Northeastern US and Ontario, Canada. The company specializes in market evaluation, strategic planning, site selection, market penetration plans, lease and purchase negotiation, demographic analysis, and development services for regional, national and international retailers. For property owners and developers the company offers market evaluation, property positioning, leasing and marketing strategy, lease negotiation and development services.
The company represents some of North America’s leading retailers and restaurants, including Walmart Stores, Inc., SAMS Club, LA Fitness, Starbucks, LuLuLemon Athletica, Pet Supplies Plus, and Panda Express, and has completed more than $750 million dollars in transactions to date. Ferrara Jerum International is the Upstate New York member of the Retail Brokers Network (RBN) and is a member of the International Council of Shopping Centers (ICSC).
Ferrara Jerum International, LLC