January 2023

4B — January 2023 — New Jersey — M id A tlantic Real Estate Journal


N ew J ersey

VIO to open first location at Bergen Town Center in Paramus Jeffery Realty selected as real estate broker for Vio Med Spa area representative in Northern NJ

ORTH PLAINFIELD, NJ — Jeffery Realty has been selected as the real estate broker for the area representatives of VIO Med Spa in northern New Jersey. The company’s first location in the state is sched- uled to open in January 2023. The VIO franchisee partner- ship group, formed by Niraj and Bansari Shah, has an area development agreement for the exclusive rights to locate the VIO franchise at commercial retail sanctuary that is Bergen Town Center in Paramus, NJ. N

Jeffery Realty procured a long-term lease with the VIO franchise at this much sought after shopping center. William Farkas and Matt Brower of Jeffery Realty con- tinue to represent the Shahs in site selection. The Shahs have the ex- clusive rights to open mul- tiple VIO franchise locations throughout northern New Jersey. Niraj Shah has been in investment banking while Bansari Shah, his wife and partner, is a former multi-unit franchisee of the European Wax Center.

Another New Jersey VIO franchisee partnership also recently announced plans to launch VIO franchise loca- tions in central, southern New Jersey and in the Philadelphia market. VIO, headquartered in Strongsville, Ohio, is a nation- al, all-inclusive med spa of- fering the latest cutting-edge technologies and therapies in the wellness and aesthetics in- dustry. VIO currently has 18 locations across nine states, with 32 additional locations scheduled to open by the end of 2023. ‘We are thrilled to represent VIO Med Spa and offer its services for the first time in New Jersey, “said Niraj Shah. VIO’s presence at Bergen Town Center will significantly contribute to the shopping center’s growing reputation as one of the region’s pre- miere retail destinations. VIO’s plans to occupy space at other locations within New Jersey will provide its market- leading medical aesthetics and wellness programs to resi- dents in need of these valuable services. About Jeffery Realty Jeffery Realty is a commer- cial real estate brokerage firm specializing in the leasing and selling of retail properties in New Jersey. Since its incep- tion in 1996, the firm has suc- cessfully consummated and co-brokered more than 3,550 retail transactions. We have continued to remain steadfast concentrating on the leasing of retail spaces and the selling of shopping centers in New Jersey. The firm focuses on providing the best service to its customers whether they are tenants, landlords, devel- opers, or investors by putting their goals and objectives first. We represent numerous prop- erty owners of strip centers, free-standing buildings, food anchored shopping centers, as well as many national re- tailers and local retailers in their search for retail prop- erties. We provide the most specific and accurate informa- tion available, always looking to develop long-term work- ing relationships by helping our customers find the right deals. Jeffery Realty is a 20- year member of Site Source, a national organization of retail brokers, and as well as a 20-year member of the ICSC organization. MAREJ

Bergen Town Center in Paramus

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