As an Associate Director in Newmark’s New York office, Mai Shachi specializes in retail leasing, with a dual focus on representing both leading national brands and landlords throughout Manhattan and Brooklyn.
Her portfolio consists of a diverse mix of tenants ranging from national to local retailers aiming to expand their footprint within New York City. Shachi currently represents premier retailers including Lululemon, Capital One Bank, Bluemercury, Away Luggage, Purple Mattress, and others. As part of the exclusive representation team for Lululemon across Manhattan & Brooklyn, Shachi continues to secure significant locations, bolstering the brand’s retail strategy. She recently was involved in the opening of several new locations for the brand including the new flagship at 524 Broadway in SoHo, 97 North 6th Street in Williamsburg, 114 Fifth Avenue in Flatiron, among other significant assignments supporting the brand’s ongoing expansion strategy.
Shachi also advises Bluemercury on its overall New York retail strategy and expansion plans, working closely with the brand to identify and secure prime locations, and renegotiate and renew current leases throughout their portfolio. Shachi is also a part of the team that represents Capital One Bank and is currently working on their current Manhattan & Brooklyn expansion.
In addition to national retailers, Shachi represents a curated roster of food and beverage tenants. She plays a pivotal role in the team that exclusively represents Levain Bakery, aiding in the establishment of four new storefronts across Manhattan and Brooklyn. She also is working with Watchhouse Coffee from London, working on their current expansion throughout Manhattan & Brooklyn and assisting in securing new high-profile locations for the brand.
Shachi was instrumental in introducing Rosetta Bakery to the New York market from Miami, securing its first location at 1930 Broadway, and facilitating high-profile deals in Bryant Park and Times Square, and steering the brand’s continued expansion strategy.
Her portfolio extends to brands like Two Hands Australian Café, Matouk, goodsugar, Sweet Chick, Voodoo Doughnuts and Terra. Notably, Shachi was pivotal in locating the first and second NYC location for Terra and is currently actively involved in strategizing for its subsequent NYC expansions.
She also played a key role in the team representing various Amazon physical retail formats in NYC, including Amazon Books, Amazon 4 Star, and Amazon Pop Up.
Over the past few years, Shachi has grown her landlord business and now oversees more than 700,000 SF of retail space, including CIM Group’s Panorama Development in Dumbo, Brooklyn, encompassing 500,000 SF. Noteworthy recent achievements include securing CIM’s first 50,000 SF retail tenant at Panorama and other leases at 820 Broadway, 351 Broadway, 38 White Street, and 1 Boerum Place.
Shachi joined Newmark in 2018, after parent company Newmark Group, Inc. acquired RKF, a New York-based retail real estate brokerage and investment firm. She joined RKF in 2017 as a Canvasser specializing in canvassing several neighborhoods throughout Manhattan and Brooklyn, analyzing, and collecting market knowledge and data and prospecting new clients.
Professional Achievements
- Real Estate Weekly’s 2020 Rising Stars
Affiliations
- Licensed real estate salesperson, state of New York
Education
Shachi earned a Bachelor of Science degree in finance from the Robert H. Smith School of Business at the University of Maryland.