Success Stories

For thirteen years, Dagar served as Managing Agent for the Westage Business Center, in Fishkill, New York. During that period the 95 acre development was completed to include the Hudson Valley Towne Center retail complex, office/medical buildings including 200, 300, 400 and 600 Westage. Additionally, the Westage Business Center located at Route 9 and Interstate 84 includes the Marriott Courtyard, Hilton Garden Inn, Hotel Sierra, Ruby Tuesdays, Walmart and Sam's Club. As Managing Agent, Dagar was responsible for the accounting of funds from the property owner's, budgeting and maintaining all of the common areas and roadways within the development.

 

 

i.park Hudson located in Yonkers, New York is a mixed-use business park offering the availability of both office, industrial and distribution space. It includes major buildings totaling approximately 750,000 square feet that was once the home of the Otis Elevator Company manufacturing facilities.

The Dagar Group Ltd. acted as a management advisor for the privatization of i.park Hudson located in Yonkers, Westchester County, New York. The former Yonkers Industrial Park is owned by Hudson View Associates LLC which purchased the property from the Port Authority of New York and New Jersey.

The Yonkers railroad station is located at the edge of the Park providing easy commuter access to both Metro-North (28 minutes express to New York City) and Amtrak. The Park is part of the City of Yonkers Waterfront Development District and is also situated in Westchester County's only New York State Economic Development zone, offering economic benefits to qualified businesses. Over 200,000 square feet is occupied by Kawasaki Rail Car, Inc. which holds a major contract to provide rail cars to the Metropolitan Transit Authority (MTA) and Port Authority.

 

 

 

 

Nine Mall Plaza is located on Route 9 in Poughkeepsie, New York. The 100,000 square foot shopping center was originally anchored by a 51,662 square foot ShopRite Supermarket. The store was recaptured and the space was split for two national tenants, which Dagar secured, Babies R Us and Borders Books. The property is just south of the South Hills Mall, Poughkeepsie Galleria, Circuit City, Staples, and many other national retail chains. On a separate parcel, adjoining Nine Mall Plaza, Kohl's Department Store Inc. purchased a former 93,000 square foot Caldor. Kohl's opened their new store on April 14, 2000.

Nine Mall Plaza was sold to a new owner in January 2004, after the successful opening of Borders in November 2003, and Babies R Us in January 2004. The property had been owned since December 1997 by National RE/Sources Nine Mall LLC, a joint venture between National RE/Sources and AEW Capital Management. Dagar originally identified the property and represented the owner in the purchase and served as leasing and managing agent for seven years. At purchase the new owner assumed control of the property management.

 

 

Plaza West, located at 100 Mill Plain Road Danbury, Connecticut, is a 90,000 SF four story class A style office building. This high profile northern Fairfield County facility is home to such prestigious companies as Union Savings Bank, Countrywide Home Loans, Ginsberg Development, Morganti Construction Companies, Executive Suites, and others.

When The Dagar Group Ltd. was given the management responsibilities in 2004 of Plaza West, it was encumbered with serious Fire and Safety issues. Through its' "hands on" approach to problems, Dagar forged relationships with the City of Danbury and the State of Connecticut's Bureau of Fire and Safety to develop solutions to these issues while still balancing the costs within tight budget restraints. The use of strict supervision and proven construction management procedures resulted in Plaza West either meeting or exceeding the requirements of both the City and State.

Additionally, Dagar enhanced the physical appearance and appeal of the building by improving landscaping, accent painting, as well as parking lot improvements. As new Tenants leased additional space, Dagar worked closely with architects, contractors, and tradesmen to bring the projects in on time, on budget, and to the satisfaction of both the Tenant and the Landlord.

With all the compliance issues now resolved and the facility's appearance improved, the Owner took over management responsibilities of Plaza West in January 2007.

 

Woodbury Centre held its grand opening on November 14, 2002. The 228,000 SF power center is located on Route 32 in Harriman, New York across from Woodbury Commons Premium Outlets, acknowledged to be one of the most successful outlet centers in the country.

The Dagar Group Ltd. was the Exclusive Leasing and Managing Agent for the project owner, Allied Partners Inc. Allied is a Manhattan based real estate investment and finance company headed by Eric Hadar. With the Centre fully leased Allied took over management responsibilities in August 2004.

The 68 acre Woodbury Centre includes Kohl's, Michael's Crafts, Staples and T.G.I. Fridays. Additional stores in the shopping center include Linens & Things, Pizzeria Uno, Marty Shoes, Modells Sporting Goods, Rockaway Bedding, Pier 1 Imports, Quiznos, Scrubs, and GameStop. A Dunkin Donuts/Baskin Robbins is on a pad site.

Dagar was responsible for all day to day management of the property including leasing, maintenance, security, billing, rent collection and tenant relations. Dagar also coordinated the grand opening activities including advertising and on-site promotions. The property boasts a daily traffic count of over 100,000 cars and a population of over 500,000 people within a fifteen mile radius.

 

Mid Valley Mall is located on Route 32 in Newburgh, New York. The 274,000 SF shopping center is anchored by a 73,500 SF Price Chopper supermarket and includes Sally Beauty, Wachovia, Mid Valley Wine & Liquor, KFC, Firestone, Dollar Tree, Household Finance, State Farm and Fantastic Cuts. The property is strategically located directly off Interstate 84 at North Plank Road.

Mid Valley Mall was sold in August 2004 for $27.8 million. Dagar was the Exclusive Leasing and Managing Agent for the owners Mid Valley Associates, LLC affiliated with The Praedium Group, LLC. Dagar was retained in January 2003 to assist in repositioning the asset for sale, this included finishing site work, leasing, lease renewals and interacting with the local municipality. The new owner assumed leasing and management responsibilities after the purchase.

For more information on management, please contact us at info@dagargroup.com.