Office and Retail Leases, Refinancings Lead Deal News This Week
Office and retail leases continued to dominate New Jersey and Pennsylvania market activity in recent weeks, while financial firms took advantage of the market’s appetite for well-collateralized loans to helped clients reposition their financial obligations. Here are some highlights:
Fast-casual sandwich franchise Jersey Mike’s Subs has leased 1,800 square feet at Galloping Hill Center. North Plainfield, N.J.-based Levin Management is exclusive leasing and managing agent for the 68,000-square-foot shopping center. Levin’s leasing representative Marcia Minton negotiated the long-term lease. Gary Krauss of Winick Realty Group NJ served as the tenant’s broker in the transaction.
Buffalo Wild Wings is preparing to open its first location in Mercer County, NJ following the purchase of a former Chili’s location at 3465 US Highway 1 in West Windsor. Winick Realty Group NJ founding partner and senior vice president Tyler Bennett represented AntSul Group in the off-market transaction, which marks Buffalo Wild Wings’ sixth location in New York and New Jersey. Bennett is continuing to work with AntSul Group to find additional Buffalo Wild Wings locations in Staten Island, NY, as well as Hamilton Township and New Brunswick, NJ.
For more, download the full article in PDF
Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick Realty Group is highly recognized as a forerunner in the retail real estate market.