14C — March 28 - April 10, 2014 — The Best of 2013 — Mid Atlantic Real Estate Journal
www.marejournal.com
The LARGEST RETAIL LEASE of 2013
Divaris Real Estate The Marketplace at Tech Center — 35,000 SF —
Cushman & Wakefield NJ Commerce Center — 27,000 SF —
CBRE NJ 1093 Central Ave — 8,300 SF —
Newport News, VA Size (square footage/acreage) 35,000 s/f Broker(s): Erica Meekins and Mary McGovern of Divaris’ Virginia Beach office. Whole Foods leased 35,000 s/f to kick start the leasing and development of the Marketplace at Tech Center. The mixed-use, 600,000 s/f, $250 million development will include retail, resi- dential and office space. Located at the most heavily trafficked intersection on the Virginia Peninsula.
Name of property: Commerce Center City, State: North Brunswick, NJ Size (square footage/acreage): 27,000 sf Broker(s): Nancy Erickson, Jennifer Sofia, Ga- briela Iannotta The Cushman & Wakefield New Jersey Retail Team expanded Crunch Fitness retailer with multiple new leases in 2014, including this new construction end cap on Route 1.
Name of property: 1093 Central Avenue, Clark, NJ Size (square footage/acreage): 8,300 s/f Broker(s): Sam Bernhaut & Marta Villa CBRE has successfully negotiated a 15 year lease extension for a Fortune 500 company at their retail location in Clark, NJ. Samuel Bernhaut and Marta Villa of the firm’s Northern Jersey retail team repre- sented the tenant.
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