The Container Store Joins Whole Foods & REI to Round Out Offerings
Federal Realty Investment Trust (NYSE: FRT) has announced The Container Store will join REI and Whole Foods Market at Huntington Shopping Center in Huntington Station, NY as part of its $75M redevelopment. Additionally, Burger Village, Love Sac and Just Salad have signed leases for the center’s new pad site facing Route 110.
The Container Store is the nation’s leading specialty retail of storage and organization products, custom closets, and in-home services. The new 15,676 SF store will be located adjacent to Whole Foods Market and will be the brand’s second location to open on Long Island.
Route 110 Pad Site:
- Burger Village, a Long Island-based burger chain aiming to serve the freshest and finest organic delicacies to its customers, is planning a 2,756 SF restaurant
- Love Sac, an American furniture retailer specializing in a patented modular furniture system called Sactionals will be opening a 1,412 SF showroom
- Just Salad, a New York-based fast-casual salad chain will open a 2,382 SF location
“The transformation of Huntington Shopping Center continues to draw premier brands that, together, create a must-visit retail destination,” said Mark Brennan, VP of Regional Development at Federal Realty. “With the addition of some of the region’s most desirable retail, food & beverage concepts, we believe the property will deliver what the community needs and wants.”
This 21-acre community shopping center sits adjacent to Walt Whitman Mall on Route 110 in the heart of Huntington’s main retail corridor. PetSmart, ULTA, Tilly’s, Michaels, and Vision Works are currently open. When the redevelopment is complete in 2024, there will be a total of 277,000 square feet of retail at the site.
On the construction front – Federal Realty has begun work on the highly anticipated 43,609 SF Whole Foods Market while REI builds out its 21,226 SF store adjacent to Tilly’s alongside Route 110. Additional center improvements include the new pad site along Route 110 with 1,407 SF still available for lease, updated property-wide signage, lighting, and facades.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 105 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,400 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 55 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
