Four tenants have signed leases at a new retail center in Paramus, according to developer Advance Realty Investors.
Newmark is the exclusive leasing team for the 108,400-square-foot Paramus Crossroads on Route 17, Advance said in a news release. The remaining spaces include a 19,500-square-foot anchor slot, as well as a 5,700-square-foot store and 7,000 square feet of second-floor office space at the mixed-use property.
Current anchor tenants include a PGA Tour Superstore and electronics retailer P.C. Richard & Son.
The four new tenants are:
- TREK Bikes, a national maker of bicycles and cycling gear, 4,044 square feet;
- Trinity Rehab, a physical therapy group with more than 20 New Jersey locations, 3,169 square feet;
- Urban Bricks Pizza, a fast-casual restaurant chain, 2,031 square feet;
- Tacoria Mexican Street Kitchen, a New Jersey street-style Mexican food chain, 1,821 square feet.
“Despite the challenges presented by the COVID-19 pandemic, we are extremely pleased to welcome these four exciting retailers to Paramus Crossroads, all of which serve as a testament to the market’s resiliency and the top-tier quality of the space and opportunity at the property,” Peter J. Cocoziello, Advance’s founder and CEO, said in a prepared statement. “With the help of our experienced team at Newmark, we look forward to bringing aboard additional businesses that will add to what is already a one-of-a-kind shopping experience in New Jersey’s most dynamic retail center.”
The leasing team includes Dean Tselepis and Jeff Kolodkin, both managing directors with Newmark.
Trinity Rehab and Urban Bricks officially opened in August, while TREK opened in September. Tacoria is expected to open by year-end.
