News:
Brokerage
Posted: August 8, 2022
Urban Edge Properties signs Splendid to first east coast outlet
Paramus, NJ Urban Edge Properties (NYSE:UE) has signed Splendid to a lease for its first east coast outlet at Bergen Town Center. The 2,331 s/f store will feature womenswear, children’s clothing and footwear and is scheduled to open this fall.
“Splendid is a highly-desired brand for the Bergen Town Center customer and adds a terrific new option to our apparel line-up,” said Chris Weilminster, executive vice president and COO for Urban Edge.?“By choosing this location for their first East Coast outlet, their team is validating our belief that this property is a top regional shopping destination.”
“We are excited to open our first Splendid outlet location on the east coast at Bergen Town Center,” says Jim Walters, vice president of Retail for Splendid. “This opening will allow us to better serve our community and introduce new customers to the Splendid brand. We’re planning a unique product offering that will be special to this store and community and look forward to making Bergen County our new home.”
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
Quick Hits
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
