Woodbridge-based NAI DiLeo-Bram & Co. on Tuesday said it recently recorded a new retail lease transaction and warehouse property sale.
At 604 Boulevard in Kenilworth, NAIDB Associate Vice President Kelly Bayer secured a 3,000-square-foot lease agreement with Planet Dance. The family-owned dance studio, which was established in 2002, is relocating its classes to the new location.
“Kenilworth’s access to major road networks has attracted a wide range of local, regional and national industries, all of whom draw from the area’s highly skilled workforce and make it a desired location for retail and industrial tenants,” David Simon, the firm’s chief operating officer, said.
According to Bayer, the neighborhood retail center features ample on-site parking, excellent visibility and two garage-style windows that open to offer maximum air flow — all of which appeal to the tenant’s clientele. Nearby lifestyle services include Kenilworth Diner, Acme, PNC Bank, Dunkin and Wells Fargo Bank.
Two miles to the east, NAIDB Vice President Richard Goski and Associate Vice President Catherine Goski-Vasquez exclusively represented the owner, Alloy Cast Products, in the $3.4 million sale of 700 Swenson Drive. The 12,607-square-foot manufacturing building occupies approximately 1 acre of land. Sheet Metal Workers Local Union 22 acquired the property.
Bordered by Union Township, Roselle Park, Cranford and Springfield Township, Kenilworth is connected to its Union County counterparts by County Road 509/Boulevard, which runs west to east through the borough. New Jersey Transit also provides bus service to Port Authority Bus Terminal in Midtown Manhattan, Elizabeth and Cranford and rail service is available at nearby Roselle Park Station, offering direct service to New York Penn Station along the Raritan Valley Line.