News: Brokerage

Outside the Region: Townes, Frantzman and Horbach of Ripco Real Estate collaborate for 3,065 s/f lease to Hibiscus Express restaurant

East Hanover, NJ  According to Ripco Real Estate, restaurant Hibiscus is expanding with a new concept on Rte. 10. 

David Townes and Jake Frantzman of Ripco arranged the 3,065 s/f lease on behalf of owners, Woodmont Properties. Alison Horbach of Ripco represented the tenant.

The restaurant promises to offer a unique combination of a “fast-casual” take on their American and Caribbean cuisine with a quick service concept catering to the lunch and dinner crowds. They will offer live entertainment on the newly decorated patio. 

Hibiscus Express Island Grill is located on Route 10 in front of Target. The space also features a large outdoor patio.

“We are beyond excited to be able to bring to the community the same supreme quality of the Hibiscus offerings in a fast casual setting. We can’t wait till they taste the food, they are going to love it,  we have something for everyone!” said Karlene Brandon, owner of Hibiscus Express who will be running operations along with husband Orville Brandon.

“It is very exciting to bring our vision of creating a restaurant where family can come and experience a home away from home, a Caribbean oasis in the middle of East Hanover” said Orville Brandon.

“We chose this location because of its great visibility on Rte. 10 and proximity to the daytime population. There is no doubt that this small format concept will deliver the same success the brand has come to know,” said Horbach.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking