Terms were not released. It is the jeweler's fourth New Jerseystore.
The building was vacant because its owner and previous occupant,Garmany, had moved his upscale apparel store to an adjacent38,000-sf building in a major expansion. As reported byGlobeSt.com, Garmany bought the adjacent 121 Broad St. in 2003 fromDavid Cronheim & Co. for $4.5 million after the previoustenant, regional department store chain Bon Ton, declined to renewits lease and left. After relocating to the larger building in late2004, Garmany retained 105 Broad St. and put it on the market forlease after renovations.
The signing of Tiffany, which expects to open in November,leaves two remaining spaces of 1,360 sf and 2,360 sf, both withfrontage on Broad Street. The larger space includes amezzanine.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 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.
