R.J. Brunelli Announces New Tenant Representation Assignment for 7-Eleven In Monmouth, Ocean, Mercer, Middlesex And Union Counties
OLD BRIDGE, N.J. (1/17/17) – Retail leasing specialists R.J. Brunelli & Co., LLC, today announced that it has been selected by 7-Eleven, Inc. as its preferred real estate broker for store sites in Monmouth, Ocean, Mercer, Middlesex and Union Counties in New Jersey. 7-Eleven is seeking 2,800- to 3,000-square-foot freestanding or end cap units…
Divaris Announces New Tenants in Charlottesville’s 5th Street Station
CHARLOTTESVILLE, VIRGINIA: Divaris Real Estate, Inc. (DRE), announced the signing of two leases for 7,050 square feet of retail space in 5th Street Station, a 465,000-square-foot shopping center located on 72 acres in Charlottesville, Virginia. Lease negotiations were handled on behalf of the landlord, 5th Street Station Ventures, LLC, by Larry…
Recent Central Jersey Commercial Real Estate Deals
R.J. Brunelli & Co. recently completed a series of leases that will introduce automotive services, and national and local retailers to sites in New Jersey, Virginia and Florida. In Central Jersey, those deals have brought Mollaga Indian Grill to a 2,540-square-foot space at the Shoppes at North Brunswick, a 150,000-square-foot lifestyle center…
Credit Remains King in Multi-Unit Franchise Lease Negotiations
Thanks to the strengthening U.S. economy, both rents and occupancies are on the rise at better shopping centers around the country. Does this mean multi-unit franchisees are losing leverage in lease negotiations? Not necessarily. To be sure, landlords today can be a bit more aggressive provided their centers are well located and enjoy strong foot…
DRE’s Washington DC Office Completes Six Leases for 69,700 Sq. Ft.
VIRGINI BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of six leases totaling 69,700 square feet of retail space in the metropolitan Washington DC market. Negotiations were handled through the Washington DC office of DRE. Hobby Lobby leased 57,497 square feet of retail space in the…