RAMSEY, NJ—Jersey Mike's, a leader in the QSR sandwich category with more than 1,300 locations open and under development across the country, has leased two locations in Bergen County, NJ. Winick Realty Group NJ's Gary Krauss was exclusive broker in both transactions as Jersey Mike's continues its aggressive expansion within its home state.
The popular sandwich shop leased 1,736 square feet at 557 North Franklin Turnpike in Ramsey, NJ. The site, which formerly housed a TCBY, is expected to open by early September.
“Jersey Mike's has been looking to move into Northern New Jersey for quite some time, and we managed to find an off-market deal in the best shopping center in the marketplace, allowing Jersey Mike's to join such co-tenants as Starbucks, Chase Bank and Walgreens,” says Krauss, who added that the shopping center sees a lot of traffic from Don Bosco Preparatory High School, which is located across the street.
Jersey Mike's also leased 1,750 square feet at 246 Livingston Street in Northvale, NJ. The store is in a newly-constructed shopping center anchored by Shop-Rite and since it opened in late June, has become one of the chain's top performing sites, says Krauss.
Gregg Slater of Equity Associates represented landlord Northvale Shopping Center Associates LLC in the Northvale lease. In Ramsey, landlord Landmark Real Estate was represented in-house.
Krauss and Winick Realty Group NJ senior vice president Daniel Spector are continuing to seek sites for the brand throughout Northern and Central New Jersey.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
