January 21, 2021

Brooklyn’s Greenpoint Landing Nabs Second Food Market

News Recent Closings

Commercial Observer

Prestige Organic Market signed a 10-year lease for 3,100 square feet at 5 Blue Slip, according to developer Park Tower Group. The market — owned by Bejad Musleh — will stock groceries, organic meats, poultry and produce when it opens in May.

TerraCRG’s Peter Schubert and William Strassman represented both sides in the deal.

“It’s clear that, with so much change in routine, a lot of people are looking for comfort foods that are reasonably priced and also close to home,” Schubert said in a statement. “These two retail shops satisfy a huge demand for convenience in an area where several thousand new units are being built within just a couple blocks. It’s kind of a no-brainer.”

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