By Joshua Burd
Cushman & Wakefield is touting the completion of 19 recent leases in New Jersey accounting for more than 120,000 square feet of commitments by retail and restaurant users.
In the largest among them, Planet Fitness took 21,000 square feet in Clifton at the Styertowne Shopping Center at 1051 Bloomfield Ave. The team, which is led by David Townes and also includes Alana Friedman and Neil Seth, represented the tenant in the transaction, while Jerry Welkis of Welco Realty represented the landlord.
C&W also detailed a series of restaurant leases, including a 4,585-square-foot commitment at 800 Jackson St. in Hoboken by Sangria Restaurant. The firm represented the landlord, while Dan Zappala of Ripco Real Estate represented the tenant.
“We are pleased to have been able to work with such a wide variety of tenants and landlords across New Jersey,” Townes said. “Retailers have been looking to expand their locations in a range of areas and these leases are evidence of the retail market’s rebound.”
C&W’s other recent restaurant leases across New Jersey include a deal at 3 2nd St. in Jersey City, where Ondo is taking 3,100 square feet. The brokerage team represented the landlord, while Kenny Mandelbaum of KAM Management represented the tenant.
In Rochelle Park, Townes’ team represented ownership in a 3,027-square-foot transaction at 200 West Passaic St. with Dunkin’. Sabre represented the tenant.
Some of the C&W’s other non-restaurant transactions include a 17,000-square-foot deal at 611 Washington Blvd. in Jersey City, where Phenix Salon Suites will open its largest location in the country. The team represented the tenant and worked directly with the owner, Simon, in the transaction.
Phenix Salon Suites is also taking 14,500 square feet at Clifton’s Styertowne Shopping Center and 12,674 square feet at Greenleaf at Union Shopping Center at 1235 West Chestnut St. in Union. Welco Realty’s Welkis and Mike Horne of CBRE represented the respective owners.
Additionally, C&W brokered leases for Phenix Salon Suites at Legacy Square at 1050 West Edgar Road in Linden, The Court at Deptford at 1500 Almonesson Road in Deptford and South Cove Commons at 1 Lefante Way in Bayonne.
