JRT Realty Group And MCCGUSA Continue To Drive Retail Leasing Activity At The Port Authority Midtown Bus Terminal

JRT Realty Group, Inc. in conjunction with its subconsultant, MCCGUSA, Ltd. is excited to welcome food and beverage retailer Port Fresh to the diverse roster of businesses at the Port Authority of New York and New Jersey’s Midtown Bus Terminal (MBT). Continuing with the addition of diverse business operators, cultures and food and beverage options at the MBT, the five-year lease reflects the Port Authority’s commitment to improving the customer experience at the world’s largest and busiest bus terminal.

Scheduled to open this fall in an 850-square-foot space on the second level, Port Fresh will operate daily from 6 a.m. to 6 p.m. Customers will be able to choose from a variety of offerings from Port Fresh including, specialty drinks, energy bars, packaged snacks, pre-cooked delicious microwavable meals, soups and salads, sandwiches and wraps, baked goods, and fresh fruit.

“The signing of this New York City-based operator – the latest to join the MBT retail mix – continues to validate the activity within the bus terminal, the health of the Times Square submarket, and the determination of small business owners in Manhattan,” said Jodi Pulice, Founder & CEO of JRT Realty. “The drive, ambition and optimism of local retailers in New York City is alive and well.”

Situated within the Midtown Bus Terminal – the world’s busiest and largest bus terminal and a major travel gateway for New York City that serves an estimated 65 million travelers annually – Port Fresh will join current retailers at the terminal such as Starbucks, Dunkin, Au Bon Pain, Zaro’s, Brooklyn Deli, Villa Pizza, Carlo’s Bakery,  and the soon-to-open  Gong Cha and Land of Beer, as well as other customer amenities including ATMs, phone-charging stations, and arts and culture programming.

The Port Authority was represented by Jodi Pulice and Greg Smith of JRT Realty Group, Inc. and Jason Martin and Joy Martin of MCCGUSA, Ltd., while Port Fresh represented itself.

About JRT Realty Group, Inc.

JRT Realty Group Inc., the nation’s largest certified woman-owned commercial real estate services firm, provides a full-range of customized services, including strategic planning, real estate portfolio management, agency leasing and marketing, and tenant representation, among others. For more than 26 years, the company has assisted clients in achieving their supplier diversity goals and has created new and lasting growth opportunities in the industry for women and other under-represented groups. To learn more, visit www.jrtrealty.com.

About MCCGUSA, Ltd.

MCCGUSA Ltd. began in 1990 as a full-service management consulting firm providing superior quality management advisory services to clients in the New York area.  Over the next 20+ years, the firm grew into a premier and recognized consulting and project management firm in the NYC Metro region, nationally, and internationally. Today, the firm provides a wide range of services including management consulting, project management, financial advisory, and real estate services including brokerage and development. To learn more, visit www.mccgusa.com

About The Port Authority of New York and New Jersey

The Port Authority of New York and New Jersey is a bi-state agency that builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. For over a century, the agency’s network of major airports; critical bridges and tunnel and bus terminals; a commuter rail line; and the busiest seaport on the east coast has been among the most vital in the country – transporting hundreds of millions of people and moving essential goods into and out of the region. The Port Authority also owns and manages the 16-acre World Trade Center campus, which today welcomes tens of thousands of office workers and millions of annual visitors. The agency’s historic $37 billion 10-year capital plan includes unprecedented transformation of the regions three major airports – LaGuardia, Newark Liberty and JFK – as well as an array of other new and upgraded assets including the $2 billion renovation of the 90-year-old George Washington Bridge. The Port Authority’s annual budget of $8 billion includes no tax revenue from either the states of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, visit www.panynj.gov or check out the Now Arriving blog.