Barnes & Noble has signed a lease for 13,875 square foot space at Ledgewood Commons, according to a Thursday announcement from the Goldstein Group, which brokered the transaction.
The Goldstein Group’s Vice President Marc Palestina and President Chuck Lanyard represented Barnes & Noble; while Mike Testa, Shane Wierks and Bill Farkas from Jeffery Realty represented the landlord, Ledgewood Investors LLC.
“Barnes & Noble will be a great addition to an already great shopping center,” Palestina said. “Barnes & Noble continues to prove that they have repositioned themselves and there is still a great demand for brick-and-mortar book stores.”
Located at 461 Route 10, Ledgewood, Barnes & Noble is preparing to begin a new chapter at the Shops at Ledgewood Commons, three years after abandoning the troubled Ledgewood Mall. The new store will share a renovated building with DSW Shoe Store and an Ulta Beauty Shop in a space formerly occupied by Sports Authority. The new store will not have a café, but there is a Starbucks located close by. Other tenants at the center include Walmart, Marshalls, Ashley Furniture, Burlington, At Home, Old Navy, 5 Below, Chipotle, Five Guys and Panda Express.
The store will feature a new release shop; book rooms; bright, cheerful paint colors; and seating to encourage customers to sit and enjoy this new store. This location also will carry all of the best books, toys, games and gifts.
Barnes & Noble is the world’s largest retail bookseller, with approximately 600 bookstores, and is a leading retailer of content, digital media and educational products. It will continue to open its classic large bookstores, but also adapt based on what is available & affordable, which will offer different experiences. The newly designed stores include having full-height bookshelves arranged more like an independent bookstore then its traditional big box store.
