Target Adds 19K-sf Bronx Store to the Discount Chains Growing Roster
Discount big box retailer Target has signed a 10-year lease at 215-223 East Fordham Road in the Fordham Manor neighborhood of the Bronx. Asking rent for the 18,702-square-foot planned small concept store on the 2nd floor of the 65,223-square-foot building was $100 per square foot. Target’s brick-and-mortar stores have become a key growth driver, and “in November, the company reported a nearly 13% jump in fiscal 3rd quarter comparable sales, with growth driven by store visits.”