JLL announced on Monday it has completed four retail leases totaling 18,809 square feet in New Jersey.
The leases include Stumpy’s Bergen LLC in Upper Saddle River, Ivy Rehab Physical Therapy in Gillette, PJ’s Coffee of New Orleans in Newark, and Custom Ink LLC in Westfield.
Here’s more details:
First, Stumpy’s Bergen, a subsidiary of Stumpy’s Hatchet House LLP, will open its first Bergen County and sixth New Jersey store at 107 Pleasant Ave. The 14,194-square-foot location will now serve as Stumpy’s largest axe throwing site. Conor Ryan and Ryan Bednarski, associates at JLL, represented Stumpy’s Bergen in the five-year lease. Samuel Bernhaut, first vice president at CBRE, and Nicole Nannola, associate, represented the building owner, Northbound Real Estate LLC.
Ivy Rehab signed a seven-year lease for 2,300 square feet within Valley Mall at 977 Valley Road. This is Ivy’ 73rd site in New Jersey. Marta Villa, senior vice president at JLL, represented the building owner, Croman Development Corp. The tenant was represented by Donovan Realty as well as Ohio-based Equity LLC‘s Corey Taber.
PJ’s Coffee secured a 1o-year lease for 1,315 square feet at One Theater Square, located at 2 Center St. This is its third location in New Jersey and will serve coffee, teas and pastries focused on New Orleans-based flavors. Villa, Ryan and Blake Shanaphy, all with JLL, represented the building owner. The tenant was represented by Ripco Real Estate‘s Alyson Horbach, vice president, and Resolut RE‘s Spencer Bowman, commercial advisor.
Lastly, CustomInk inked a five-year lease for 1,000 square feet at 126 Central Ave., marking its second location in the state. Ryan represented the tenant while the building owner, Gator Investments, was represented in-house.
