SHOPRITE RELOCATES TO NEW SITE IN NEW MILFORD
Site Work commences for New Milford
ShopRite Anchored Center
Borough of New Milford, Bergen County, NJ
As exclusive leasing representative for New Milford Redevelopment Associates, LLC, Englewood, NJ, Brian Silbert, President & CEO of SRM is extremely pleased to announce his firm has concluded leases and that site work is underway for a 70,000 SF Inserra ShopRite supermarket and a free-standing Wells Fargo Bank pad with an anticipated opening projected for September 2018. The development will be situated on the former Suez Water North America approximately 14.6 acres and borders Oradell (North) and River Edge (South) and approximately three miles North of State Highway Route 4. New Milford residents are looking forward to this brand new ShopRite supermarket, a relocation of the existing ShopRite to this state-of-the-art facility adjacent New Milford High School.
SRM Announces Its Re-Appointment as Exclusive Leasing Agent for The Streets of Chester Lifestyle Shopping Center
270 US-206, Chester, NJ 07930
The Streets of Chester is the premier shopping destination in New Jersey’s affluent Morris County. Situated within Chester Borough on State Route 206 immediately south of the signalized intersection of State Route 24, the 105,000 SF lifestyle shopping center comprises a variety of national retailers that a larger mall might possess, but The Streets of Chester offers its shoppers a unique open-air, shopping experience in a street-like setting. Anchored by Dean’s Natural Food Market, the premier organic, privately held gourmet supermarket including national retailers such as, Banana Republic, J. Crew, Ann Taylor, White-House Black-Market, Talbots, GAP among others, located a short walk within a beautiful setting from Chester’s historic Main Street with over 100 unique shops and restaurants. With several major new retail leases pending, for informationon remaining leasing opportunities contact, David Greenman 908.604.6900 x106 or Brian Silbert 908.604.6900 x116
LEASING UPDATE – EAST HANOVER
G&F Business Park East Hanover
12 – 16 Littell Road, East Hanover, NJ
As managing and leasing agent, Joel Tomlinson, Asst VP of the Brokerage Department at Silbert Realty & Management Co (SRM) is pleased to announce that over the past 12 months, we have stabilized the 50,000 SF business park with multiple leases totaling approximately 16,500 SF, resulting in significantly improved occupancy level (currently 88% vs. 47% just one year ago). The asset has two 4,000 SF flex space units and one 2,100 SF area available for lease. For additional leasing information, contact Joel Tomlinson 908.604.6900 x 108
Orange Theory Coming Soon to Jersey City’s “Monaco” Luxury High Rise
475 Washington Blvd, Jersey City, NJ
As exclusive Retail Marketing and Leasing Agent for Roseland (A Mack-Cali Company), David Greenman is pleased to announce that Orange Theory Fitness has leased the last remaining retail unit of 3,975 SF. This successful Florida based fitness center has 18 locations across New Jersey.
The Monaco development consists of two, 50-story towers with 523 luxury apartments in a high-rise rental building with 11,875 SF ground level retail with garage parking, contiguous to the Double Tree Hotel just off Jersey City’s waterfront across the Hudson River from Manhattan’s World Financial Center. The retail portion of Monaco is now 100% occupied including Santander Bank and VB3 Villa