Brokerage closes the sale of the old fitness site; enters rentals for Popeye’s, European Wax Center, Crumbl Cookies, Pizza Hut and retail tenants.
OLD BRIDGE, N. J. , Sept. 29, 2021 /PRNewswire/ — R. J. Brunelli
Acting on behalf of genuine real estate owner The Racquet Place, LLP, the retail real estate brokerage company sold a 3. 5-acre site that housed the former 27,000-square-foot NY Sports Club construction on Old Bridge to a personal investor located on Highway 450. 34, the site is located across the street from Matawan Market, whose main tenants are Dollar Tree and Buy Rite Liquor. Key Commercial Realty, Hillside, New Jersey
In Philadelphia, RJBrunelli’s senior sales associate Pete Nicholson signed the Popeyes location, this time for a new 2,400-square-foot standalone construction at Fishtown Mall, 2427 Aramingo Ave. The chain plans to open in September 2022 at 154,000 square feet (formerly known as Richmond Village), which is under a final lease after a primary remodel. Starbucks occupies one of the other new platform sites downtown, which is anchored through an IGA supermarket, Pep Boys, Dollar Tree and Dollar General.
Nicholson represented franchisee Popeyes PN Restaurants in the Philadelphia transaction and is lately looking for new locations for the operator in Pennsylvania. In the past he represented PN, which operates Popeyes’ sites in Virginia, Massachusetts, in the acquisition of sites in Williamsport, Pennsylvania and Phillipsburg, New Jersey.
Back in New Jersey, the Old Bridge-based company negotiated 4 rentals for European Wax Center in other parts of the state in its capacity as the franchise chain’s real estate representative.
In central New Jersey, President and CEO Danielle Brunelli signed the chain to a 1,760-square-foot location in East Windsor Village, a 248,727-square-foot facility at 70 Princeton-Hightstown Rd. The European Wax Center will open in the fourth quarter of 2021, joining a leader through Target, Kohl’s, TJ Maxx and a Patel Bros supermarket. John LaParise of CBRE represented the owner in the transaction.
In southern New Jersey, European Wax Center leased 1,885 square feet of area to Manahawkin Commons, a 319,349-square-foot center on Rte. 72, near the intersection of the Garden State Parkway. The network is expected to debut in Ocean County. active in the first part of 2022, adding to a diversity of tenants recently anchored through TJ Maxx, Home Goods, Regal Cinema, Michaels and Staples. tenants who added Ross, Burlington, Old Navy and ULTA. Ms. Brunelli represented European Wax Center on the lease, while the landlord represented through Jim Creed of CBRE.
Brunelli has also signed two leases for the European Wax Center in northern New Jersey. An opening is planned in the fourth quarter of 2021 for a 1,560-square-foot location at Pompton Lakes Towne Square, 1-55 Wanaque Ave. , Pompton Lakes. The county’s 125,000-square-foot downtown includes a newly opened Lidl, as do other prominent tenants like Planet Fitness, The Paper Store, Starbucks and Hand.
In Morris Township, an opening is planned in the second quarter of 2022 for the European Wax Center in a 1,452-square-foot Morris Marketplace, 191 East Hanover Ave. Tenants have signed up for the new 137,000-square-foot Morris County center, adding Lidl, Burlington, Orange Theory, Taco Bell and Jersey Mikes. Bill Lenaz and Stephen Battista of Jeffery Realty represented the landlord on the lease.
Brunelli also closed his lease this year as a real estate representative for Crumbl Cookies’ Central and Southern New Jersey franchise. Quarter 2021: Has registered for a 1,600-square-foot finishing unit in a new platform construction at the Commerce Center at Garden State Park in Cherry Hill.
An opening is planned in the second quarter of 2022 for Crumbl in the 191,949 square feet anchored through Costco, Petco and Duluth Trading. Commerce Center is one of 4 malls created as a component of Edgewood Properties’ redevelopment of the former Garden State Park racetrack. In total, the 4 retail homes boast over 1. 04 million square feet of GLA, leading to the other leading big stores such as Wegman’s, Home Depot, Christmas Tree Shops, Best Buy, Dicks, Trader Joe’s, Nordstrom Rack, Home Goods, TJ Maxx and Barnes.
In Ocean County, the company signed Pizza Hut for a 1,800-foot vehicle service area at 1882 Hooper Ave. at Toms River. RJBrunelli is the exclusive agent of the new 12,600 foot grocery shopping center developed through March Construction in Silverton sector of the Mario Brunelli township, le RJBrunelli VP
Elsewhere in the state, sales associate Peter Miller negotiated 3 rentals for the Lake Lawrence Mall at 2542 Brunswick Ave. (USHwy. 1) in Lawrence Township. RJ Brunelli is the exclusive agent for the 19,319-square-foot highway center, which is the mainstay of Concentra Urgent Care and now has 5,700 square feet available.
Kayla’s Pretty Paws, a 2262-square-foot puppy shop and stylist, and the Greenhouse Business Center, a 1,370-square-foot store offering packaging, shipping, printing and others, debuted this summer on the Mercer County property. this fall through Sweet Threads, a 1,778-square-foot CBD, clothing and vaporizer store. Miller represented the landlord and tenant in the Kayla and Sweet Threads transactions. At the Greenhouse Business Center (which also has two locations in Trenton), the tenant was represented through Frank Consiglio of Las Vegas-based Direct Store Services.
In Monmouth County, Ms. Fiore negotiated a 2780-square-foot lease for Middletown dry cleaners at Village Mall, 1140 Rte. 35 South in Middletown. Dry cleaning and tailoring is already open in the 70,000-square-foot downtown. Whose pillar is Bottle King. Patricia McHugh-Amecangelo of CBRE represented the landlord in the lease, while Ms. Fiore represented the tenant.
Ms. Fiore also represented the tenant on a 1,500-square-foot lease that brought the Puff City smoke/vaporizer store to Stahl Shopping Plaza, 152 Mountainview Blvd. CBRE’s McHugh-Amecangelo represented the owner in the transaction of the 32,331-square-foot Passaic County Center, whose fundamental issues come with Dollar Tree and Fitness Field.
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SOURCE R. J. Brunelli