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Five Below Leases 8,000 SF

RARITAN, NJ-The teen-focused retailer's lease effectively fills up the 157,000-sf Somerville Circle Center, taking its last vacant tenant slot.

By Eric Peterson | Updated on October 04, 2007

RARITAN, NJ-The last 8,000-sf slot at the 157,000-sf Somerville Circle Center is off the market, because Five Below has taken it, according to Matt Harding, president and COO of Levin Management. Five Below, a 60-store, Philadelphia-based specialty retailer focused on teens, joins Staples, Petco, PC Richard & Son, Panera Bread and Toys ‘R’ Us, among others, at the shopping center.”The store will be situated to draw from the more than 50,000 people that pass the center every day, as well as from the center’s broad market area,” Harding says. Somerville Circle Center was represented in-house by Ethan Goldsmith of Levin Management; Five Below was represented by Tom Rettaliata of the Jericho, NY office of Ripco. Terms were not released.

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