Real Estate Journal — Shopping Centers — September 29 - October 12, 2017 — 5A
www.marejournal.com
M id A tlantic
S hopping C enters Seeking 1,200 to 1,500 s/f units Modern Acupuncture selects R.J. Brunelli & Co., LLC as broker for New Jersey
O
Georgia, Tennessee, Nevada, and South Carolina, with 150 franchised locations expected by 2020. I Love Kickboxing, a fran- chise-operated chain of kick- boxing studios and training fa- cilities, is looking for 2,700-to 3,200 s/f units with minimum 10-foot ceilings in anchored shopping centers. The central New Jersey franchisee, which opened its first location in Old Bridge (Middlesex County), is currently targeting East Brunswick in Middlesex, East Windsor in Mercer County, Freehold and Manalapan
in Monmouth County, and Jackson in Ocean County, said R.J. Brunelli executive vice president/principal Bill Lenaz . Preferred locations will have a median household income of $50,000 to $125,000, and a minimum population of 120,000 within five miles. The chain’s clientele is approxi- mately 85% female. Headquartered in Merrick, NY, I Love Kickboxing cur- rently has over 230 locations in 34 states (including 12 throughout New Jersey), plus six locations in Canada and one in Peru. n
LD BRIDGE, NJ — Retail leasing spe- cialists R.J. Brunelli
& Co., LLC announc ed that it has been select- ed by Modern Acupuncture as i ts real estate bro- ker for all of New Jersey, and by I Love
Danielle Brunelli
Kickboxing as broker for its central New Jersey franchisee. Modern Acupuncture, a franchise-operated chain of acupuncture clinics, is seeking 1,200 to 1,500 s/f units located primarily in grocery-anchored neighborhood centers, notes R.J. Brunelli president/prin- cipal Danielle Brunelli . Preferred locations will have a mix of grocery, coffee shops, service users and wellness- oriented users in areas with an average household income of at least $100,000. Headquartered in Scotts- dale, Ariz., Modern Acupunc- ture opened its initial location there in January 2017. Clinics are scheduled to open soon in Charlotte, NC; Colorado Springs, CO; and Houston and Austin TX. Along with itsmove into New Jersey, the company is also expanding into Califor- nia, Washington, Missouri, Kansas, Florida, Louisiana, Ripco Real Estate arranges 3,065 s/f lease inEast Hanover East Hanover, PA — Ripco Real Estate announced that Morristown’s restaurant Hibiscus is expanding with a new concept on Rte. 10 in East Hanover. The restaurant prom- ises to offer a unique combina- tion of a “fast-casual” take on their American & Caribbean cuisine with a quick service concept catering to the lunch and dinner crowds. “It is very exciting to bring our vision of creating a restau- rant where family can come and experience a home away from home, a Caribbean oasis in the middle of East Hanover” said Orville Brandon. David Townes and Jake Frantzman of Ripco Real Es- tate arranged the 3,065 s/f lease on behalf of owners of 136 Rte. 10, Woodmont Properties . Alison Horbach also of Ripco Real Estate represented the tenant. n
Modern Acupuncture
RE_ad_version1.qxp 11/2/2005 11:54 AM Page 1
Seeking Retail Opportunities Consistently Ranked #1 Franchise - 50+ Y ear T rack Record
Looking for sites in PA & S. NJ End Cap, In-line, Free Standing Flexible Space Requirements
Non-Traditional Venues - Hospitals/Colleges Universities/B&I/Stadiums/Casinos/Airports
Eastern PA — Local Contacts: Philadelphia PA & Southern NJ —
610-366-8120 x 24, Cheryl Green green_c@sdepa.com 410-752-6760, Evan Brodie evan@sandhumanagement.com
realestate.subway.com www.subway.com
facebook.com/SDEPA1
Made with FlippingBook flipbook maker