R.J. Brunelli named new tenant rep for Asian Food Markets store sites

Old Bridge, NJ According to R.J. Brunelli & Co., LLC, it has been selected by Asian Food Markets as its exclusive broker for store sites in N.Y, N.J. and Pa..

Asian Food Markets currently has six locations in New Jersey and one in Staten Island, N.Y.

Asian Food Markets, a retailer of Asian groceries from China, Taiwan, the Philippines, Japan, Korea, India, and other Southeastern Asian countries, is seeking 10,000 s/f-to 30,000 s/f buildings on a minimum of two to five acres of land, according to R.J. Brunelli senior sales associate Pete Nicholson, who has represented the chain for the past 15 years while at a previous brokerage.

Additional requirements include a minimum of five parking spaces per 1,000 s/f, typical grocery utility services and receiving facilities, and a minimum 25% Asian population in the store’s trade area. “However, sites offering more limited parking will be considered in Brooklyn and Queens,” Nicholson said. 

In addition, 7-Eleven has extended its representation agreement with the firm from five New Jersey counties to include Philadelphia, Bucks and Montgomery Counties in Pa.

The chain is seeking 2,800- to 3,000-square-foot freestanding or end cap units with a 25-foot minimum width, notes R.J. Brunelli Senior Sales Associate Patti Fiore AmecAngelo, who serves as the firm’s account manager for 7-Eleven. Freestanding suburban locations must have a 12,000-square-foot minimum lot size with room for at least 10 parking spaces in front of the store. Suburban sites must be situated along roads with a minimum daily traffic count of 15,000 vehicles. Signalized intersections are preferred, along with the ability to operate a 24-hour convenience store.

Walk-up locations in busy, downtown urban markets with high pedestrian counts and nearby mass transit will also be considered.       

R.J. Brunelli & Co. serves as exclusive broker for 44 existing retail properties and five centers under construction with a combined gross leasable area (GLA) exceeding 2.0 million square feet, along with two business locations for sale or lease, and five properties for sale. The properties are located throughout New Jersey. The firm also serves as exclusive or preferred tenant representative for approximately 20 retail, restaurant and service chains. These include national assignments for AAMCO and The Max Challenge, as well as representation in various New Jersey, New York and Pennsylvania counties for such major companies as Boston Market, Dollar Tree, 7-Eleven, Sally Beauty Supply, State Tire, TCC Verizon Wireless, and Work Out World.