NORTH BRUNSWICK, N.J., July 22, 2014 – Office supply retailer Staples has leased 14,000 square feet at North Village Shopping Center along the Route 18 corridor here. The lease arranged by Levin Management, North Village's exclusive leasing and managing agent, brings the 132,000-square-foot shopping center to 100% retail occupancy.
Jake Frantzman, Levin's senior leasing representative, negotiated the lease. The office supply retailer was represented by CBRE's Mike Horne.
“North Village Shopping Center's coveted Middlesex County address near numerous business and industrial parks, as well as its proximity to Rutgers University and other institutes of higher education, makes it an ideal location for Staples' New Jersey expansion,” Frantzman says. “We expect this retailer to add significant value to the shopping center, as well as to the surrounding community.”
Anchored by Bed Bath & Beyond's 32,000-square-foot store as well as a 25,000-square-foot Barnes & Noble and a 24,000-square-foot Michael's, North Village serves a residential population of almost 250,000 people within a five-mile radius. The center's trade area offers an average household income of more than $92,000 and the daily traffic count exceeds 99,500 vehicles.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.