Diversified negotiates two retail leases to bring Summit mixed-use building to full occupancy

Diversified Properties on Tuesday said it signed two retail leases, with Envy Lash and The Shape of You, at the Promenade at Summit, located at 545 Morris Ave. in Summit, bringing the building’s commercial occupancy to 100%.

Standing at 35,000 square feet and three stories, the Promenade at Summit is a mixed-use building that includes a now-fully-occupied 16,000-square-foot retail center with boutique spaces ranging from 1,230-1,604 square feet per unit, as well as 22 luxury apartments.

The property also boasts on-site management with ample storage and underground parking. In addition, the Promenade at Summit’s convenient location offers quick access to some of the area’s major roadways, including Route 24 and the Garden State Parkway.

Envy Lash and The Shape of You join a tenant roster that includes Dunkin Donuts, Kumon, the Little Gym and ConnectOne Bank.

“In bringing the Promenade at Summit to full retail capacity, our team has succeeded yet again in showcasing our ability to create value from strategic real estate investment and hands-on asset management,” said Nicholas Minoia, founder and managing partner of Diversified Properties. “We welcome these new tenants to the Promenade at Summit and are confident that both of them will play a direct role in the property’s continued success.”