129 Route 4 in Paramus — Courtesy: Newmark
By Joshua Burd
A home furnishings retailer has leased nearly 18,000 square feet of showroom and warehouse space in Paramus, under a newly announced transaction by Newmark.
The business, Anve Bath and Kitchen, is leasing the space at 129 Route 4 from Larkin Lumber Co. Inc. Its new location will include a 5,900-square-foot retail area and 11,900 square feet of industrial space, providing it with a location in the heart of a busy shopping corridor.
Newmark Managing Director Dean Tselepis and Associate Director Jason Grosse represented the landlord, while JLL Senior Vice President Marta Villa represented the tenant.
“Anve Kitchen and Bath is an ideal tenant for the property as they plan on utilizing both the retail and warehouse buildings,” Tselepis said. “The brand will be able to grow their business and can thrive out of one central location in the heart of New Jersey’s premier retail corridor.”
Based in Paramus, Anve Kitchen and Bath offers products such as bathroom vanities, kitchen cabinets, tiles and accessories, catering to customers such as designers, builders, contractors, homeowners and real estate investors. Its new location is just east of Spring Valley Road and minutes from neighboring retailers such as Target, Whole Foods, Macy’s and Lowe’s.
The site also has traffic counts of around 154,671 vehicles daily, while providing quick access to route 17, interstates 80 and 95 and the Garden State Parkway, Newmark said. The warehouse component features high ceilings, three oversized drive-in doors, one UPS height dock and available outside storage.