NJ Shopping Center Welcomes First Tenants

CBRE has secured two leases for owner Sun Equity Partners at its newly developed The Greenleaf at Union, a 110,000-square-foot shopping center located in the heart of Union, N.J.

Rendering of The Greenleaf at Union, union, N.J.
Rendering of The Greenleaf at Union in Union, N.J.

The Greenleaf at Union, a new 110,000-square-foot shopping center, is opening its doors this month in Union, N.J. Sun Equity Partners owns the property, and Bob’s Discount Furniture, which took up 31,400 square feet of space on the entire second floor and part of the first floor, is the anchor tenant. The other anchor tenant is LA Fitness, which signed a 37,000-square-foot lease and is expected to move in this fall.

Retail-oriented corridor

The property is located at 1235 W. Chestnut St. and has a 23,000-square-foot vacanct space, in addition to smaller spaces that start at 1,400 square feet. The shopping center is located along Route 22, bounded by other retailers such as Costco, Walmart, Target, ShopRite, Best Buy and an upcoming LIDL Supermarket.

CBRE’s Michael Horne, Steven Winters and Nicole Jadoo are handling the leasing services for the property. BKR Lamar Retail Services facilitated the lease transaction on behalf of Bob’s Discount Furniture.

As two of America’s premier retail operators, Bob’s Discount Furniture and LA Fitness serve as ideal anchor tenants for Greenleaf at Union,” Horne said in a prepared statement. “These tenant openings mark an exciting milestone for the larger development, and we look forward to continuing to see this project achieve great success.

Image courtesy of Sun Equity Partners