HomeReal Estate & DevelopmentYoga studio lease brings Route 9 Plaza in Old Bridge to full...

Yoga studio lease brings Route 9 Plaza in Old Bridge to full occupancy

Grace Yoga is coming to Route 9 Plaza in Old Bridge, marking the second area location for the locally owned business. This new tenant will bring the 26,000-square-foot shopping center to 100% occupancy and marks the second boutique fitness concept to lease space at the property this year.

Levin Management Corp. serves as the property’s leasing and managing agent; LMC’s Kendal Hand-Freda, leasing representative, arranged the 1,500-square-foot transaction on behalf of property ownership. Michael Sclafani of RE/MAX Central represented the tenant.

Grace Cairns founded Grace Yoga in Freehold Township in 2020. Focusing mostly on hot yoga, the studio offers a variety of classes, workshops and services designed to help clients better connect the mind, body and spirit.

“Yoga is beneficial to all ages, fitness levels and degrees of flexibility,” Cairns said. “Many of our existing students come from the Old Bridge area, making Route 9 Plaza a perfect fit for our second studio location. We are excited to open here and look forward to being a community-based studio that encourages everyone to enjoy the many benefits a yoga workout provides.”

Boutique fitness concepts are continuing to expand and grow in key markets, Hand-Freda noted.

“The addition of Grace Yoga complements Route 9 Plaza’s tenant mix, which also features the center’s newest addition, circuit-based group training concept SETS Hybrid Training,” she said. “Having these two distinctive fitness options in one convenient location will allow local consumers to diversify their daily and weekly fitness routines.”

Well-located at the intersection of Route 9 and Throckmorton Lane, and passed by 56,000 vehicles a day, Route 9 Plaza also includes AutoZone, Tots & Blocks Academy and a hair salon. The property serves a growing residential population of more than 54,000 within a three-mile radius. An average household income of $156,000 within those same three miles speaks to the area’s strong demographics.

Related Articles

New Jersey Realtors housing market data for February shows rise in median sales prices

New Jersey’s housing market saw a continued rise in median sales prices across all property types this February, even as closed sales and new...

Kislak sells 131K SF office building in Parsippany for $10M

The Kislak Company, Inc. announced the recent sale of a 131,346-square-foot office building on 7.98 acres at 959 Route 46 in Parsippany for $10...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

Saddleback Real Estate Developers announces almost 100,000 square feet of industrial leasing in Northern New Jersey

Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 square...

Cushman & Wakefield arranges $136M refinancing for Modera Lofts in Jersey City

Cushman & Wakefield said it has arranged $136 million in refinancing for Modera Lofts, a 366-unit multifamily property in downtown Jersey City, in a...

NJ Transit to host Industry Day for real estate opportunities

NJ Transit announced that it will host Industry Day, an open house networking event on April 21, for real estate developers, commercial real estate...

Latest Articles

NJEDA says 7 new micro business lenders awarded funding under Main Street Lenders Grant initiative

The New Jersey Economic Development Authority on March 23 announced that seven new micro business lenders have been awarded funding under the Main Street...

Burning smell forces Newark Liberty controllers to leave control tower, disrupting flights   

Flights at Newark Liberty International Airport were disrupted Monday morning by a burning smell in a control tower that caused controllers to evacuate the...

Saint Peter’s University debuts nursing and health professions education suite

Saint Peter’s University said on March 23 that it officially marked the opening of its Health Education, Simulation and Innovation Suite at its School...

Ephicacy in Iselin appoints Powers as SVP of biometrics

Ephicacy, a rapidly growing biometrics contract research organization (CRO) headquartered in Iselin, announced the appointment of Jamie Powers, DrPH, as senior vice president of...

New Jersey Realtors housing market data for February shows rise in median sales prices

New Jersey’s housing market saw a continued rise in median sales prices across all property types this February, even as closed sales and new...

Aquestive Therapeutics appoints Zalewski to chief legal officer and chief compliance officer

Warren-based pharmaceutical company Aquestive Therapeutics Inc. announced the appointment of Thomas A. Zalewski as chief legal officer and chief compliance officer, effective April 2. He...

Latest Articles

NJEDA says 7 new micro business lenders awarded funding under Main Street Lenders Grant initiative

The New Jersey Economic Development Authority on March 23 announced that seven new micro business lenders have been awarded funding under the Main Street...

Burning smell forces Newark Liberty controllers to leave control tower, disrupting flights   

Flights at Newark Liberty International Airport were disrupted Monday morning by a burning smell in a control tower that caused controllers to evacuate the...

Saint Peter’s University debuts nursing and health professions education suite

Saint Peter’s University said on March 23 that it officially marked the opening of its Health Education, Simulation and Innovation Suite at its School...

Ephicacy in Iselin appoints Powers as SVP of biometrics

Ephicacy, a rapidly growing biometrics contract research organization (CRO) headquartered in Iselin, announced the appointment of Jamie Powers, DrPH, as senior vice president of...

New Jersey Realtors housing market data for February shows rise in median sales prices

New Jersey’s housing market saw a continued rise in median sales prices across all property types this February, even as closed sales and new...