Nordstrom Rack coming to new SunVet center

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A Nordstrom Rack store will be one of the new anchor tenants at the redeveloped SunVet shopping center in Holbrook. 

The 26,780-square-foot store at The Shops at SunVet will be the fifth Long Island location for the off-price apparel, accessories and footwear retailer, which also has stores at Roosevelt Field, the Gallery at Westbury Plaza, Manhasset Center and a newly opened 24,000-square-foot store at the Gardiner Manor Mall in Bay Shore where it replaced Staples. 

The Nordstrom Rack store at SunVet will be located next to the new Whole Foods Market at the 168,000-square-foot center and joined by a tenant roster that includes Starbucks, Mogu Modern Chinese Kitchen, Aspen Dental, and branches for Teachers Federal Credit Union, Wells Fargo and Citibank, among others. 

Syosset-based Blumenfeld Development Group signed a 99-year ground lease for the 18-acre retail complex at 5801 Sunrise Highway in 2022 with plans to redevelop the distressed former mall. Last year, BDG entered a joint venture on the redevelopment project with Jacksonville, Fla.-based Regency Centers, which holds the majority interest in the JV and oversees leasing and operations at the Holbrook complex.   

SunVet becomes Jacksonville, Fla.-based Regency’s 11th retail center in the Long Island market, following its $130 million acquisition of four shopping centers from Serota Properties at the end of 2021 and its $30 million purchase of East Meadow Plaza in 2022.  

Besides the new store at SunVet, Nordstrom Rack is planning to open more Long Island locations within the next year or so. 

Adam Bass and Eric Gillman of CBRE represented Nordstrom Rack, while the landlord, Regency Centers, was represented in-house in the SunVet lease transaction.