Newmark Grubb Knight Frank (NGKF) Retail is pleased to announce that it secured a 15-year lease with the iconic chain restaurant, Shake Shack, at 1340 Boston Post Road in Darien, Connecticut. NGKF Retail’s Jessica Curtis, senior managing director, and Nick Marona, director, represented the landlord at the prime location formerly occupied by Chuck’s Steakhouse for over 40 years.
The NGKF Retail team collaborated with the landlord, David Genovese of Baywater Properties, to find the appropriate neighborhood gathering spot to carry on the sense of community provided by Chuck’s. The 3,100 square foot building, specifically designed for Shake Shack, will be the chain’s third location in Connecticut with other locations in Westport and New Haven.
“It was a very exciting process,” said Curtis. “When we were tasked with leasing the property, one of our first calls was to Shake Shack. Having toured the market with them a few years prior, I knew that Shake Shack’s ideal location should have a classic American roadside feel. The 1340 Boston Post Road site has that exact DNA, plus it has easy highway access from I-95 exit 11 and the tight-knit community of Darien. The pieces all came together.”
“We are delighted to welcome Shake Shack to Darien,” stated David Genovese. “The introduction of this exciting, internationally-recognized restauranteur to the existing mix of stores and restaurants in Darien continues our track record of attracting high quality businesses to Darien.”
The original Shake Shake was a temporary hot dog cart in Madison Square Park and continues to be modeled as the modern day version of a roadside burger stand with over 75 locations from DUMBO to Dubai and Miami to Moscow.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,800 professionals operate from more than 370 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.