Plans for Print House — a joint venture of Russo Development, The Hampshire Cos. and Fourth Edition Inc. — include a newly opened first phase with 271 luxury apartments. — Courtesy: NAI James E. Hanson
By Joshua Burd
Starbucks and Jersey Mike’s are coming to a mixed-use community at the former Bergen Record site in Hackensack, joining previously announced retail tenants such as Blue Foundry Bank and Hackensack Meridian Health at the River Street property.
According to NAI James E. Hanson, which represents ownership at the Print House development, the coffee chain will occupy 3,000 square feet for a full-service café with outdoor seating and a drive-thru. Jersey Mike’s, meantime, has taken an undisclosed amount of space for a new location for the fast-growing sandwich chain.
The leasing team detailed the newest deals as the first 271 residential units of Print House are now fully leased, with phases two and three currently under construction, according to a news release. The brokers also noted that Hackensack Meridian Health’s 6,076-square-foot space will serve as the health system’s newest primary care and OBGYN facility, while Rutherford-based Blue Foundry Bank will open a new 2,151-square-foot branch at the site.
“Our early retail leasing success speaks to the continued realization of the ambitious vision that has powered the reimagining of this historic site,” NAI Hanson’s Michael Walters said. “In addition to these first four leases, we have continued to see tremendous interest in the property from a variety of in-demand retailers and we are looking forward to announcing additional tenants at the community over the coming months.”
Walters joined NAI Hanson’s Jonathan Kristofich and Cameron Silverstein in representing the development team of The Hampshire Cos., Russo Development and Fourth Edition Inc. They noted that Hackensack Meridian, Blue Foundry Bank and Starbucks are slated to open this fall.
“As the place where my grandfather began his real estate career 100 years ago, Hackensack has always held a special place in The Hampshire Companies’ story,” said James E. Hanson II, Hampshire’s CEO and president. “We are excited to harness the power of real estate investment to continue to bring the vision behind Print House to life and play an important role in the impressive resurgence of Hackensack.”
Sitting on 23 acres along the Hackensack River, the property served as the headquarters for The Bergen Record for nearly 60 years. The fully built project is slated to have more than 650 luxury apartments and more than 30,000 total square feet of retail space, while also providing residents and visitors with riverfront access and a variety of public outdoor spaces to the city over the next several years.
“We are thrilled to be working with our partners to deliver these unique and convenient retail services to residents of Print House and the surrounding Hackensack community,” said Adam Pasternack, president of Russo Property Management. “The addition of these new businesses is reflective of the commitment we all share towards Hackensack’s emerging growth and success, enhancing the robust revitalization of the area.”
The Shoppes at Print House project site has 1,250 feet of frontage on River Street, one of Hackensack’s busiest roads, with nearly 19,000 vehicles passing daily, according to a news release. The property, which is steps from the luxury apartments and a public riverfront walkway, has an available 3,803-square-foot end cap unit with abundant outside seating that brokers say is suited for a restaurant user, while the site has approvals for a freestanding building pad that can accommodate a 13,000-square-foot retailer with a drive-thru.
