{"id":264012,"date":"2026-06-12T01:20:29","date_gmt":"2026-06-12T01:20:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/264012\/"},"modified":"2026-06-12T01:20:29","modified_gmt":"2026-06-12T01:20:29","slug":"related-adia-mack-shopping-columbus-circle-retail-for-450m-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/264012\/","title":{"rendered":"Related, ADIA, Mack Shopping Columbus Circle Retail for $450M \u2013 Commercial Observer"},"content":{"rendered":"<p>Fancy some retail therapy? You\u2019ll need a pretty penny for this particular purchase.\u00a0<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/related-companies\/\" title=\"Related Companies\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Related Companies<\/a>, <a href=\"https:\/\/commercialobserver.com\/company\/abu-dhabi-investment-authority\/\" title=\"Abu Dhabi Investment Authority\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Abu Dhabi Investment Authority<\/a> and <a href=\"https:\/\/commercialobserver.com\/company\/mack-real-estate\/\" title=\"Mack Real Estate\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Mack Real Estate<\/a> are marketing the Shops at Columbus Circle and considering both an outright sale of the trophy property or a new equity investment into it, sources said.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/06\/rob-sistek-speed-bay-warehouse-solutions-5-questions\/\" rel=\"nofollow noopener\" target=\"_blank\">Rob Sistek of Speed Bay Warehouse Solutions: 5 Questions<\/a><\/p>\n<p>Newmark\u2019s Adam Spies, Doug Harmon, Josh King, Marcella Fasulo, Avery Silverstein and Ben Lushing are marketing the shopping center on behalf of the owners.\u00a0<\/p>\n<p>If an outright sale takes place, it\u2019s expected to fetch around $450 million, sources said.\u00a0<\/p>\n<p>The Promote first <a target=\"_blank\" href=\"https:\/\/x.com\/hitsamty\/status\/2054994837234159881\" rel=\"noopener nofollow\">broke the news<\/a> of the property being up for grabs, while Green Street News first reported the asking price.\u00a0<\/p>\n<p>Located at 10 Columbus Circle at the busy intersection of Broadway, Central Park West, Eighth Avenue and Central Park South, the property encompasses 351,246 square feet over four retail floors and two below-ground concourse levels.\u00a0<\/p>\n<p>Sources familiar with the property said ownership\u2019s decision to potentially bring in a new equity investor was driven by strong retail leasing momentum, plus market interest in the opportunity.\u00a0<\/p>\n<p>Indeed, its tenant roster is certainly nothing to sneeze at.\u00a0<\/p>\n<p>\u00a0Whole Foods \u2014 the top-grossing Whole Foods in the U.S., no less \u2014 is the anchor tenant, occupying 57,957 square feet below the main floor. Other tenants include Equinox, H&amp;M, Williams Sonoma, Aritzia, J.Crew and Per Se.\u00a0<\/p>\n<p>Aritzia is a <a href=\"https:\/\/commercialobserver.com\/2026\/04\/aritzia-lease-shops-columbus-circle\/\" rel=\"nofollow noopener\" target=\"_blank\">newly signed tenant<\/a> that\u2019s replacing Hugo Boss at the center, announcing in April it would be taking 16,000 square feet lease at the property. Apparel brand Madewell also signed a lease for 6,000 square feet in February.\u00a0<\/p>\n<p>In addition to Per Se, other eateries include Masa, Bad Roman, Momofuku and We All Gotta Eat.\u00a0<\/p>\n<p>Sitting pretty with Central Park frontage, the Shops at Columbus Circle has the advantage of constant foot traffic from millions of the city\u2019s residents, office workers and tourists, along with direct access to five subway lines.\u00a0<\/p>\n<p>Fancy adding it to your portfolio? Bids are due within 45 days, sources said.\u00a0<\/p>\n<p>Related and Newmark declined to comment. ADIA and Mack couldn\u2019t immediately be reached.\u00a0<\/p>\n<p>Cathy Cunningham can be reached at ccunningham@commercialobserver.com.<\/p>\n","protected":false},"excerpt":{"rendered":"Fancy some retail therapy? You\u2019ll need a pretty penny for this particular purchase.\u00a0 Related Companies, Abu Dhabi Investment&hellip;\n","protected":false},"author":2,"featured_media":264013,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[28548,45170,3624,10912,102345,10913,75,84,83,10914,9,24,63],"class_list":["post-264012","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-avery-silverstein","tag-ben-lushing","tag-channel","tag-doug-harmon","tag-investments-sales-adam-spies","tag-josh-king","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-marcella-fasulo","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/264012","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=264012"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/264012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/264013"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=264012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=264012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=264012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}