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Cushman & Wakefield arranges six leases for Phenix Salon Suites


East Rutherford, NJ — Cushman & Wakefield announced it has inked five new leases for Phenix Salon Suites in NJ and NY, totaling 47,000 s/f. David Townes, of the commercial real estate service firm’s retail team, brokered the long-term leases for the properties. Townes serves as exclusive leasing agent in the NY Metropolitan Area for the franchise, which has over 300 locations nationwide and is rapidly expanding throughout the tri-state area. The recent transactions include NJ locations at the Morris Hills Shopping Center, 3035 US 46 in Parsippany (5,100 s/f with Alana Friedman) and Woodbridge Crossing, 465 Greene St. in Woodbridge (5,642 s/f with James Aug of Sabre). This brings the total number of Phenix Salon Suites in the Garden State to six. The three New York locations include: • 165-10 Archer Ave. in Jamaica (7,234 s/f) • 30-30 Northern Blvd. in Long Island City (14,300 s/f, with Cushman & Wakefield broker Joseph Grotto representing the landlord, Alma Realty) • 650 Stewart Ave. in Garden City (14,772 s/f) “Phenix Salon Suites is the leading salon suite franchise in the industry, offering distinctive co-working space for entrepreneurial beauty, health and wellness professionals,” said Townes. “This forward-thinking concept is disrupting the traditional salon business and contributing to the company’s rapid growth.” READ MORE

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