4B — May 16 - 29, 2014 — New Jersey — M id A tlantic
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Ten new leases at Fair Lawn Promenade Garden Homes signs 25,000 s/f atnewmixed-usedevelopment
focus integrity quality
F AIR LAWN, NJ — Gar- denCommercial Prop- erties , a subsidiary of Garden Homes , announced that it has signed tennew leases for more than 75% of the avail- able commercial space at Fair Lawn Promenade, a mixed-use community currently under con- struction along Route 208. The office component of the develop- ment will be anchored by TKL Research, Inc., a full-service clinical research organization, which signed a long-term lease for 25,000 s/f at the property, and recently opened their doors for business in the new space. “This development offered an
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ideal opportunity for TKL,” said JonC. Anderson , PhD, CEOof TKLResearch, Inc. “We’re going to be at the perfect intersection of quality and convenience, all within a short distance of New York City and New Jersey’s major thoroughfares.” Upon completion, Fair Lawn Promenade will consist of 65,000 s/f of retail, service and office space, as well as 150 luxury rental apartments with reserved garage parking. “Since announcing the start of construction last year, we’ve maintained a very high level of interest in our commercial of- ferings,” said Scott Loventhal , director of development for Gar- denHomes, which is developing the project. “This leasing veloc- ity is reflective of a clear trend of prospective tenants looking for quality space with a town- center feel.” In addition to TKL, Garden Commercial Properties has signed leases with several well- known restaurants and retail- ers at Fair Lawn Promenade, including Starbucks, Qdoba, Wireless Depot (d/b/a Verizon Wireless), Anthony’s Coal Fired Pizza, European Wax, Noodles & Company, Massage Envy, Habit Burger, and Cups Frozen Yogurt. “We’re delighted to welcome such well-established business- es to our growing roster of ten- ants at Fair Lawn Promenade,” said Loventhal. “We’ve been able to cultivate a great mix of complementary retailers who can best service the buildings’ tenants and the surrounding neighborhood.” The commercial portion of Fair Lawn Promenade was designed by Rotwein + Blake Architects . Leasing for the de- velopment’s residential portion, which was designed by Appel Design Group , is expected to commence shortly. n
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