Burlington Stores Signed Lease at Admiral's Row
The retailer has secured a 31,717-square-foot space in Brooklyn, with a planned opening for fall 2027.
Updated on Sept. 30, 2026 in Commercial
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Burlington Stores has finalized a 10-year lease for a new retail location at 25 Navy Street. The store will occupy over 31,000 square feet within the Admiral's Row campus in Brooklyn.
Why it matters
This expansion continues a trend of significant retail footprint growth for Burlington, following their acquisition of dozens of leases earlier in 2025. Local shoppers can expect a new shopping option in the Brooklyn Navy Yard area by fall 2027.
The new 10-year lease covers 11,385 square feet on the ground floor and 20,332 square feet on the second floor. A total of 7,000 square feet remains available for lease in the 25 Navy Street building.
The players
Burlington Stores
A national off-price department store retailer that has been aggressively expanding its physical retail footprint through lease acquisitions.
Steiner NYC
A prominent real estate development firm known for large-scale projects like the Admiral's Row campus and significant residential acquisitions.
Cliff Simon
A real estate professional with CNS Real Estate who served as the negotiator for the Burlington lease agreement.
Jason Pennington
A representative from Steiner NYC who worked on the successful lease deal at the 25 Navy Street site.
Ben Weiner
A representative from Steiner NYC involved in securing the retail tenant for the Admiral's Row property.
The details
The new store is part of the 8-acre Admiral's Row campus developed by Steiner NYC. Burlington's expansion strategy has accelerated throughout 2025, including taking over 45 former Joann leases and securing a 43,000-square-foot space on Broadway in October. Cliff Simon of CNS Real Estate negotiated the terms for Burlington, while Jason Pennington and Ben Weiner represented the developer.
Timeline
March 2025: Steiner NYC acquired the Hub residential tower.
May 2025: Burlington acquired 45 leases from Joann.
First half 2025: Downtown Brooklyn retail rents averaged 190 dollars per square foot.
October 2025: Burlington leased 43,000 square feet at 72-22 Broadway.
Fall 2027: Burlington expects to open the new Navy Street location.
The Home Front
This lease reflects an ongoing trend of major retailers securing anchor spaces within mixed-use campus developments in the city. It follows a period of high-volume expansion for the brand, which is placing new stores in key neighborhood corridors.
Residents should anticipate construction activity at the Admiral's Row site leading up to the scheduled fall 2027 grand opening. You may want to track site announcements if you plan to visit the area for future shopping needs.
The takeaway
Large-scale campus developments continue to draw major retail tenants despite fluctuating market rent trends. Keep an eye on local development notices for this site to stay updated on construction timelines as the 2027 opening approaches.
Further reading
Learn more about the latest developments in the Commercial sector.
Source note: This article includes information reported by Commercial Observer.
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