Crossgates is Thriving! There is no question that malls in America have been overbuilt and that more malls may close in the next five years. But the mall as a concept is not dying. Pyramid has been on the cutting edge of incorporating new and unique uses – it’s why our malls are thriving. People continue to shop, and strong brick-and-mortar properties will always be a large piece of the omnichannel retail experience.
Crossgates is strategically placed at the junction of I-87 and I-90 at exit 24, the busiest section of the NYS Thruway. Surrounded by two major highways and two major roadways, Crossgates is visible to 300,000 cars daily.
Businesses of all kinds are thriving in the Capital Region because it offers a strategic location close to all major markets of the Northeast.
With a bustling 60-mile trade area, comprised of 1.9 million people, Crossgates shoppers have an average household income $82,972, with 25% making over $100k annually.
The market offers a highly educated and diverse workforce, along with an extraordinary quality of life in its mix of medium-sized cities, suburbs and rural communities.
For years we have been doing what other developers are trying to do now. We have long-standing relationships with unique dining and entertainment operators.
Crossgates will continue to diversify our tenant mix with great traffic generating entertainment, recreation, dining and retail uses. We have exceptional real estate that facilitates long term success.
Our leasing team is one of the best in the business. They are available to answer questions, and excited to introduce you to opportunities across our portfolio.