Target ‘Flexible Format’ Store Sets Aim in Elmont

Source: Steve Smirti, Long Island Herald

Target has announced plans to open two new smaller format stores in Elmont and Freeport in October.

As opposed to other traditional Targets, the two stores in Nassau will offer a smaller selection of items and will not offer a full electronics or lawn and patio departments.

 

 

The “flexible format” stores will be the first to be located on Long Island. Traditional Target stores range from 120,000 to 160,000 square feet. The smaller format stores allows Target to build in smaller, more condensed areas.

 

 

The 24,500 square feet Elmont location will be located in the Feil Organization’s Plainview Shopping Center at the intersection of Plainview Avenue and Hempstead Turnpike. Other stores in that center are Home Depot and Marshall’s. The Target will replace the soon to be out of business Office Max.

 

The 46,000 square feet Freeport location will be located in the Meadowbrook Commons shopping center at the intersection of Sunrise Highway and Meadowbrook Parkway.

“New York is a priority market for Target, so we’re thrilled to have found two great store locations on Long Island,” said Mark Schindele, senior vice president, Properties, Target.

“Through Target’s flexible format stores, we’re able to build customized stores in urban centers to suit each neighborhood’s wants and needs, and we look forward to serving guests in Elmont and Freeport.”

Source: Steve Smirti, Long Island Herald

The Feil Organization

For over 60 years, The Feil Organization, an established investment, development and management firm based in New York City, has been a powerful force in real estate. We’ve achieved success by adhering to a core group of principles: diversity of holdings to weather fickle financial trends and climates; low debt to keep capital working for us and our clients; and extensive expertise to manage and operate our own properties. These qualities combine to make The Feil Organization one of the nation’s foremost real estate companies. Diversity is a key to The Feil Organization’s success. Active in every facet of the industry, we own, develop and manage over 26 million square feet of retail, commercial and industrial properties, over 5,000 residential rental units, as well as hundreds of net leased properties and thousands of acres of undeveloped land across the country.

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