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SHORT HILLS, NJ-Loehmann’s Inc. has signed a lease for 10,185 sf at the Short Hills Shopping Center here, an 89,358-sf open air property owned by Prima III LLC. The company’s Loehmann’s Shoes division will move into the space, taking an end-cap space that until recently was occupied by Bally’s Total Fitness.

“The demographic profile that supports the retail in the Short Hills/Millburn area is a match for the product that Loehmann’s Shoes has to offer,” says Jeff Lagowitz of the Fort Lee, NJ office of Metro Commercial Real Estate, who represented the owner in the transaction. The property is located in close proximity to the Mall at Short Hills, a high-end super-regional enclosed mall, Lagowitz points out.

Loehmann’s will open its flagship prototype shoes-and-accessories store at the site this fall, marking its sixth store in New Jersey and 50th nationwide. The retailer was represented in the transaction by Brian Katz, Northeast regional senior vice president of the Pearl River, NY-based Katz & Associates. Terms were not released.

Short Hills Shopping Center is anchored by a King’s Supermarket and a Walgreen’s drug store. The Loehmann’s signing leaves a 1,400-sf vacancy still to be filled at the property.

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