Leasing

NEWARK, NJ—In this week’s Deal-Tracker, Winick Realty Group has leased 2,200 square feet for Chipotle Mexican Grill at 222 Market Street, part of the RockPlaza Lofts residential and commercial development in Newark, NJ. The deal makes Chipotle the first national quick service restaurant to open in Downtown Newark in decades, says Daniel Spector, NJ senior vice president and Winick founding partner. “This was a very neglected block in Newark and the developer, Fidelco Realty Group, completely changed the look and feel of the entire area,” says Spector. “The property has now been drawing interest from many highly-regarded retailers, including New Jersey’s only Dinosaur Barbecue, which opened next door.” The new store is near Seton Hall University Law School and the Prudential Center sports arena, home of the New Jersey Devils.

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