{"id":282797,"date":"2026-06-30T21:16:08","date_gmt":"2026-06-30T21:16:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/282797\/"},"modified":"2026-06-30T21:16:08","modified_gmt":"2026-06-30T21:16:08","slug":"target-inks-135k-sf-lease-at-queens-rego-park-shopping-center-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/282797\/","title":{"rendered":"Target Inks 135K-SF Lease at Queens\u2019 Rego Park Shopping Center \u2013 Commercial Observer"},"content":{"rendered":"<p>Attention, Queens shoppers, you\u2019re about to get another <a href=\"https:\/\/commercialobserver.com\/company\/target\/\" title=\"Target\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Target<\/a>.<\/p>\n<p>The retail giant with over 2,000 stores in the U.S. is about to add another location in the busy borough of Queens. Target inked a 15-year, 135,000-square-foot lease at the Rego Park Shopping Center at 61-35 Junction Boulevard in Rego Park, property owner Alexander\u2019s announced Monday.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/06\/shorenstein-relocates-lease-45-east-53rd-street\/\" rel=\"nofollow noopener\" target=\"_blank\">Shorenstein Relocates HQ to 6K SF at 45 East 53rd Street<\/a><\/p>\n<p>The Rego Park Shopping Center is a multilevel, 600,000-square-foot open-air mall anchored by wholesale giant Costco. The Target lease brings the property to 99 percent leased, according to Alexander\u2019s, which is an affiliate and externally managed real estate investment trust (REIT) partly owned by <a href=\"https:\/\/commercialobserver.com\/company\/vornado-realty-trust\/\" title=\"Vornado Realty Trust\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Vornado Realty Trust<\/a>.<\/p>\n<p>The asking rent for Target\u2019s lease was not disclosed, but recent asking rents for retail space in Queens averaged $42.47 per square foot, according to data from CommercialCafe.<\/p>\n<p>The names of the brokers who worked on the deal were also unclear. Target and Alexander\u2019s did not immediately respond to Commercial Observer\u2019s requests for comment.\u00a0<\/p>\n<p>Other retail tenants at the Rego Park Shopping Center include Burlington, Best Buy, Marshalls, T.J. Maxx, Aldi and Petco.\u00a0<\/p>\n<p>Target \u2014 and the other mentioned retailers \u2014 will occupy space in what is known as Rego Park II. In May, <a href=\"https:\/\/commercialobserver.com\/2026\/03\/northwell-health-acquires-queens-retail-center-235m\/\" rel=\"nofollow noopener\" target=\"_blank\">Alexander\u2019s sold<\/a> its Rego Park I property, located at 96-05 Queens Boulevard, to <a href=\"https:\/\/commercialobserver.com\/company\/northwell-health\/\" title=\"Northwell Health\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Northwell Health<\/a> for a total of $235.5 million. Northwell Health\u2019s plans for that site are unclear.<\/p>\n<p>Amanda Schiavo can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/06\/target-lease-queens-rego-park-shopping-center\/mailto:aschiavo@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">aschiavo@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Attention, Queens shoppers, you\u2019re about to get another Target. The retail giant with over 2,000 stores in the&hellip;\n","protected":false},"author":2,"featured_media":282798,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[108424,108425,2361,9,24,63,122,124,123,108426,65401,108427,5943],"class_list":["post-282797","post","type-post","status-publish","format-standard","has-post-thumbnail","category-queens","tag-61-35-junction-boulevard","tag-96-05-queens-boulevard","tag-leases","tag-new-york","tag-new-york-city","tag-nyc","tag-queens","tag-queens-headlines","tag-queens-news","tag-rego-park-center","tag-rego-park-i","tag-rego-park-ii-channel","tag-retail"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/282797","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=282797"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/282797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/282798"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=282797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=282797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=282797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}