Starbucks, Blue Foundry Bank, Hackensack Meridian Health and Jersey Mike’s have signed as tenants of the Shoppes at Print House in Hackensack, the visionary redevelopment project at the former site of the (Bergen) Record newspaper, according to a Thursday announcement from NAI James E. Hanson, which developed the property in a partnership with Russo Development and Fourth Edition Inc.
NAI Hanson’s team of Michael Walters, Jonathan Kristofich and Cameron Silverstein represented the developers.
Hackensack Meridian Health’s 6,076-square-foot space at Print House, located at 150 River St., will be utilized as the health care system’s newest primary care and OB/GYN facility to enhance its delivery of care to the growing Hackensack community.
Capitalizing on the community’s ideal location along River Street, Starbucks will transform its 3,000-square-foot space into a full-service café with outdoor seating and a drive-thru.
Blue Foundry Bank, a savings bank headquartered in Rutherford, will utilize its 2,151-square-foot space as a new branch location to further grow its existing footprint across Bergen, Essex, Hudson, Morris, Passaic and Somerset counties.
Finally, the project just signed a long-term lease with Jersey Mike’s.
The Hackensack Meridian Health and Blue Foundry Bank locations are now open, with the Starbucks opening scheduled this fall.
“Our early retail leasing success speaks to the continued realization of the ambitious vision that has powered the reimagining of this historic site,” 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.”
“As the place where my grandfather began his real estate career 100 years ago, Hackensack has always held a special place in the Hampshire Cos.’ story,” James E. Hanson II, CEO and president of the Hampshire Cos., another partner in the project, said. “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.”
Situated on a 23-acre parcel along the Hackensack River that formerly served as the headquarters for the Record for nearly 60 years, Print House is the largest and most ambitious redevelopment project currently underway in Hackensack.
“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,” Adam Pasternack, president of Russo Property Management, said. “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.”
Welcoming its first residents last year, the first 271 residential units of phase one at Print House are now fully leased, with phases two and three currently under construction. Print House will bring over 650 luxury multifamily units and over 30,000 total square feet of retail space while also providing residents and visitors with riverfront access and a wide variety of public outdoor spaces to the city over the next several years.