BERKELEY HEIGHTS, NJ— CVS Pharmacy, the second largest pharmacy chain in the United States, has signed a long term , 25-year ground lease at the Berkeley Heights Shopping Center, 400 Springfield Ave., Berkeley Heights, NJ.
The new drive-thru pharmacy store is approximately 13,000 square feet, located on a 1.2 acre pad site at the entrance to the 62,000 square foot shopping center.
"We are proud to welcome CVS to the Berkeley Heights Shopping Center," says Matthew B. Weiss, vice president and licensed real estate broker for Moonachie-based Weiss Realty Co. "The visibility of the store and demographics of the community are outstanding."
Weiss represented both the developer, First Hartford Realty Corporation and the landlord, Berkeley Development Company, a family-owned limited partnership, during the negotiations.
Weiss negotiated another long term ground lease on behalf of First Hartford Realty Corporation and CVS Pharmacy for a new 13,000 square foot drive-thru pharmacy store on a 1.88 acre property located at 80 Piermont Road, Cresskill, NJ.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
