X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BRIDGEWATER, NJ-Christmas Tree Shops has signed a lease for 28,750 square feet at Somerset Shopping Center here. The signing brings the 214,202-square-foot shopping center to 100% occupancy.

Christmas Tree Shops, a division of Bed Bath & Beyond, will fill a space vacated by Linens ‘n Things and join a roster of anchors that includes Barnes & Noble, the Gap, Modell’s, Pier 1 Imports, and Eastern Mountain Sports. Other national and regional tenants include Lane Bryant, Dress Barn, Rite-Aid, Hallmark Cards, FYE, Annie Sez, TGI Friday’s and Men’s Wearhouse.

“This dynamic chain is replacing a good anchor in Linens ‘n Things, which was a wonderful tenant for many years,” says Ethan Goldsmith, leasing representative at Levin Management Corp., the property’s exclusive leasing and managing agent. “The signing of this lease takes a large vacancy off the list in the Bridgewater market.”

Located at the junction of US 202/206 and State Highway 28 in Central New Jersey, Somerset Shopping Center is in the middle of a five-mile population of nearly 112,000. Average household income is $118,490, up 31.2% since the last census, and the median household income is $90,370. The center is also served by I-287 and I-78, and the daily traffic count exceeds 100,000 cars.

“Christmas Tree Shops has a very loyal following and will certainly contribute to keeping the Somerset Shopping Center, one of the oldest and strongest open-air shopping centers in New Jersey, a favored retail destination,” adds Goldsmith, who brokered the direct deal.

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?

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.