By Joshua Burd
Eight retail tenants are opening new locations in Jersey City, leasing a combined 33,400 square feet under a series of newly announced transactions by Grid Real Estate.
The brokerage firm, which is based in the city, detailed a series of new leases completed since April. In the largest among them, Filipino grocer Sariling Atin leased 10,000 square feet at 404 Tonnele Ave., with Grid’s Bobby Antonicello representing the tenant and Jean Dubane of Prime Brokerage in Hoboken representing the landlord.
Meantime, Antonicello represented the landlord at 8 Erie St., where Hudson Hound has committed to 7,500 square feet. The popular New York City bar and grill will sit at the base of Telco Lofts, a historic building that has been rehabilitated and converted to apartments.
The other deals, which stretch from Route 1&9 to the Hudson River waterfront, include:
- Robert Pluhowski Custom Furniture committed to 6,626 square feet 15 Wilkinson Ave., where it will anchor the retail space in a recently redeveloped factory known as The Sterling. Greg Edgell of Grid represented both parties.
- Medley Pharmacy leased 3,500 square feet at 152 Newark Ave., near the Grove Street PATH Station and amid a host of new construction in downtown Jersey City. Antonicello and Edgell represented the landlord.
- Grace O’Malley’s took 1,800 square feet at 140 Newark Ave., a former eatery and art gallery that has been converted to an Irish pub owned by the owners of The Shannon in Hoboken, The Keyhole Bar in Jersey City and Dorrian’s Red Hand in Jersey City. Grid’s Roseanna Petruzzelli and Antonicello represented the tenant.
- Cavany Foods leased 1,800 square feet at the base of 235 Grand St., part of a 549-unit apartment building developed by Ironstate Development Co. and Kushner Real Estate Group. Antonicello represented both the landlord and tenant, a gourmet food delivery business, which will serve as an amenity to the building.
- Metro Market committed to 1,200 square feet at 268 Varick St., a new 40-unit rental building in Jersey City’s Van Vorst Park. Bobby Antonicello represented the landlord, Pointcap, while Colby Piper of Ripco Real Estate represented the tenant, an organic grab-and-go convenience store.
- LabCorp leased 1,000 square feet at Pavonia Center in Journal Square, directly across from the Journal Square PATH station. Antonicello represented the landlord, Rhodium Capital.
“We are continuing to see cautious demand in all areas of Jersey City, due to the robust pipeline, world-class transportation and large population,” Antonicello said, noting that all transactions were closed with minor concessions due to the pandemic.
