{"id":182172,"date":"2026-04-01T14:28:08","date_gmt":"2026-04-01T14:28:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/182172\/"},"modified":"2026-04-01T14:28:08","modified_gmt":"2026-04-01T14:28:08","slug":"stellar-dispensary-to-open-6k-sf-cannabis-shop-in-queens-village-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/182172\/","title":{"rendered":"Stellar Dispensary to Open 6K-SF Cannabis Shop in Queens Village \u2013 Commercial Observer"},"content":{"rendered":"<p>The <a href=\"https:\/\/commercialobserver.com\/company\/strain-stars\/\" title=\"Strain Stars\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Strain Stars<\/a> group of dispensaries is setting up shop in Queens Village.<\/p>\n<p>The large-format cannabis company signed a 15-year, 5,800-square-foot lease at Karan Zoria\u2019s 218-25 Hempstead Avenue for what it is calling <a href=\"https:\/\/commercialobserver.com\/company\/stellar-dispensary\/\" title=\"Stellar Dispensary\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Stellar Dispensary<\/a>, according to landlord broker <a href=\"https:\/\/commercialobserver.com\/company\/colliers\/\" title=\"Colliers\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Colliers<\/a>.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/03\/gfp-leases-247-west-37th-street\/\" rel=\"nofollow noopener\" target=\"_blank\">GFP Inks 9K SF of Deals in Garment District Office Building<\/a><\/p>\n<p>Asking rent for the space was $360,000 per year, or $62.07 per square foot, according to a flyer from the brokerage.<\/p>\n<p>\u201cWith ownership, myself and the tenants team, we worked through the [New York State Office Cannabis Management] process, which took over eight months to finalize,\u201d Colliers\u2019 Joshua Kleinberg, who represented the landlord alongside Samuel Essery, told Commercial Observer. \u201cThe tenant originally had free rent \u2014 I think 90 days \u2014 and, then, as time went on, they agreed to put up nonrefundable monthly installments until they got their official approval.\u201d<\/p>\n<p>Louis Peter Cotrone of <a href=\"https:\/\/commercialobserver.com\/company\/x-real-estate-group\/\" title=\"X Real Estate Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">X Real Estate Group<\/a>, which specializes in representing cannabis retailers, negotiated on behalf of the tenant in the transaction.<\/p>\n<p>Strain Stars has three existing locations in New York state at Farmingdale, White Plains and Riverhead.<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/2025\/05\/laundrybee-lease-queens-village\/\" rel=\"nofollow noopener\" target=\"_blank\">In May 2025<\/a>, Kleinberg helped secure another lease in the building for the landlord as \u200b\u200blaundromat chain LaundryBee agreed to a 20-year lease for 5,000 square feet.<\/p>\n<p>The Stellar Dispensary and LaundryBee spaces were once leased to a single tenant, Rite Aid, which occupied 10,800 square feet before its parent company announced it would close 140 stores after filing for Chapter 11 bankruptcy<a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.usatoday.com\/story\/money\/retail\/2025\/05\/16\/rite-aid-store-closures\/83683224007\/\"> last summer<\/a>.<\/p>\n<p>Mark Hallum can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/04\/stellar-dispensary-lease-218-25-hempstead-avenue-queens\/mailto:mhallum@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"The Strain Stars group of dispensaries is setting up shop in Queens Village. The large-format cannabis company signed&hellip;\n","protected":false},"author":2,"featured_media":182173,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[73425,8046,73426,2361,73427,9,24,73428,63,122,124,123,5943,73429],"class_list":{"0":"post-182172","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-queens","8":"tag-218-25-hempstead-avenue","9":"tag-joshua-kleinberg","10":"tag-karan-zoria","11":"tag-leases","12":"tag-louis-peter-cotrone","13":"tag-new-york","14":"tag-new-york-city","15":"tag-new-york-state-office-cannabis-management","16":"tag-nyc","17":"tag-queens","18":"tag-queens-headlines","19":"tag-queens-news","20":"tag-retail","21":"tag-samuel-essery-channel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/182172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=182172"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/182172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/182173"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=182172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=182172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=182172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}