X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

EAST BRUNSWICK, NJ-Furniture retailer Huffman-Koos, which has 20 stores in New Jersey, New York and Connecticut, has put two of those stores on the market as sale/leaseback opportunities. The company has hired the Great Neck, NY-based Keen Realty to find buyers for the units, which are located here and in Livingston, NJ.

“These retail properties are located on two prime retail corridors,” says Moe Bordwin, Keen Realty’s chairman. “Huffman-Koos is an excellent tenant, and they are interested in entering into long-term lease agreements. These sale/leasebacks represent an excellent investment opportunity.”

The local unit, which is situated on Route 18 near such other retailers as Kohl’s, TJ Maxx, A&P and Seaman’s Furniture, totals 49,627 sf on two floors on a site of nearly three acres. The Livingston, NJ store totals 47,740 sf on a site of just under four acres in the Route 10 corridor. Nearby retailers include Home Depot, Best Buy, Barnes & Noble and Old Navy, and the site is also near both the Livingston Mall and the Livingston Shopping Center.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.