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Ariel Property Advisors Requesting Proposals for 255,000 SF Staten Island Shopping Center


Sean R. Kelly, Esq.
Partner
Ariel Property Advisors

Victor Sozio
Founding Partner
Ariel Property Advisors

Michael A. Tortorici
Founding Partner
Ariel Property Advisors

Amanda Bukobza
Director - Investment Sales
Ariel Property Advisors

NEW YORK, NY – September 8, 2022 – Ariel Property Advisors has been retained exclusively to market for sale West Shore Plaza, a 255,000 SF retail shopping center situated on 17.86 acres at 1745 South Avenue, just off the West Shore Expressway in Staten Island.



1745 South Avenue | West Shore Plaza

An Ariel team comprised of Sean R. Kelly, Partner, Victor Sozio, Founding Partner, Michael A. Tortorici, Founding Partner, and Amanda Bukobza, Director, Investment Sales, is requesting proposals on behalf of ownership.


“West Shore Plaza is a shopping center with a 92.5% occupancy rate and has consistently performed well for our client,” Kelly said. “Over the past 20 years it has had minimal vacancy and offers a roster of long-term tenants, some of which have been operating here for more than 20 years. The shopping center also offers tremendous upside, as new and planned developments are contributing to an industrial renaissance on the West Shore of Staten Island.”


West Shore Plaza is home to a healthy mix of national, regional and local tenants. Anchored by Burlington Coat Factory, Restaurant Depot and the Department of Motor Vehicles, other tenants include Planet Fitness, Dollar Tree Stores, Chuck E Cheese and Jewish Board of Family & Children Services Inc.


West Shore Plaza’s location offers great visibility as well as easy access to the West Shore Expressway, Staten Island’s major north south artery. The shopping center also is within one mile of four new industrial development projects totaling more than 5 million SF including Matrix Development’s Amazon and IKEA fulfillment centers. Additionally, a 52 acre development site across from West Shore Plaza was recently acquired by an industrial developer.



For more information, please contact: Gail Donovan at 212.544.9500 ext. 19 or gdonovan@arielpa.com.

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Ariel Property Advisors

Ariel Property Advisors is a New York City-based commercial real estate services and advisory company with three main groups: investment sales, capital services and research. The Investment Sales Group covers all major commercial asset types throughout the NY metropolitan area, while the Capital Services Group provides clients nationwide with custom tailored financing. Finally, our Research team empowers our professionals and clients with timely market reports. More information is available at arielpa.nyc.


Media Contact

Gail Mitchell Donovan, Senior Director - 
                          Communications, Ariel Property Advisors

Gail Mitchell Donovan

Senior Director - Communications

212.544.9500 ext. 19

gdonovan@arielpa.com

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