Rapid Grocery Delivery Retailer Opening Doors to Public at New DoBro Location
Rapid grocery delivery retailer Boxed is expanding its same-day grocery delivery service in Manhattan and Brooklyn, having recently signed a 10-year lease for the entire ground level of 470 Vanderbilt Avenue. The new Downtown Brooklyn outpost will span 14,795 square feet, and atypical to most other rapid delivery warehouses, will allow customers to shop in person. Asking rent for that space was $50 per square foot. News of the deal comes at a time when similar companies are shrinking their New York City operations.
Source: https://commercialobserver.com/2022/08/boxed-grocery-store-470-vanderbilt-avenue-brooklyn/