X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PRINCETON, NJ-Two more tenants have been signed leases for the revamped retail portion of Princeton Forrestal Village, Gale Real Estate Services’ 770,000-sf mixed-use project here. The signings are part of the repositioning of the retail component of the complex, a $40-million project that’s turning the former largely outlet and vacant mix into a more upscale variety.

The two latest signings add up to more than 4,200 sf, with Exquisite Bride, a new couture bridal salon accounting for 2,791 sf of that. And Silver Shop, a fixture in Downtown Princeton for 70 years, has taken 1,450 sf for a new store, sited adjacent to Luxe Home Co. across Fountain Square from the complex’s Westin Hotel. Both deals were orchestrated for Gale by Ethan Goldsmith of the North Plainfield-based Levin Management Corp., the property’s exclusive retail leasing agent. Terms were not released.

The two latest signings follow a major restaurant deal at PFV. As reported by GlobeSt.com, Levin, in July, signed Ruth’s Chris Steak House to a 12,000-sf, freestanding site. Also in July, a 60,000-sf Can Do Fitness and affiliate Koi Spa opened in the complex’s former food court, which has been relocated.

“We are focused on creating and maintaining a strategic tenant mix at the Village that satisfies the upscale consumer needs of patrons,” says Fred Knapp, VP of the Roseland-based Gale. “Exquisite Bridge and our other recent additions are tangible signs that the revitalization is continuing at an accelerating pace. The positive momentum is undeniable.”

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. NET LEASE Awards 2021Event

These awards honor the industry's most influential and 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.