The Azarian Group enters into 17 new leases

February 20, 2018

 

 

MIDLAND PARK, NJ — John Azarian, CEO of The Azarian Group L.L.C., announced that his company’s occupancy rate is at historic levels. During the last 12 months, The Azarian Group has entered into 17 new leases. The Azarian Group was founded in 1970 and its portfolio includes 19 properties with more than 350 tenants throughout NY and NJ.

Over 9,400 s/f has been leased at The Shoppes at North Brunswick. 3,200 s/f has been leased to Honor Yoga. 2,942 s/f has been leased to Orange Theory Fitness. 2,250 s/f has been leased to Red Brick Pizza Kitchen Café. This will be Red Brick’s first New Jersey Location. 1,107 s/f has been leased to European Wax Center, a major national franchise of hair removal salons. Frutta Bowls, a health food revolution designed for weight loss and health has entered into a lease for 1,800 s/f of space. The combination of a beautiful appearance with its highly prominent location along Rte. 1, just minutes from Rutgers University, makes The Shoppes at North Brunswick a premium lifestyle center with 43 national stores, services, and eateries one of the top Shopping Center destinations in the area. The Allendale Town Plaza, Allendale has only two remaining spaces available. Over 4,900 s/f has been leased at the Allendale Town Center. 3,200 s/f has been leased to Define Body and Mind, a contemporary body mind franchise focusing on Barre, Cycling, Yoga, and fitness classes. 1,702 s/f has been leased to Danson Jewelers, a high-end Jeweler with over 30 years of experience providing world class products and service. The Allendale Town Center is the only area shopping Center and services the high-end communities of Saddle River, Upper Saddle River, Ramsey, and Allendale.Over 1,500 s/f has been leased at the Town Plaza II, in Orangeburg, NY to C & E Island Flavor, a Caribbean restaurant. Town Plaza has 12 tenant spaces with 103 parking spaces, two nearby Colleges with a large resident dorm population, and an annual HH income of $85,000. There are only two spaces remaining for lease. 18,502 s/f has been leased to K & G Fashion Superstore at Lenox Plaza. Lenox Plaza is a high traffic Rte. 46 location with a daily vehicle count of 130,000 cars a day. Now fully leased, the 218,000 s/f Neptune Plaza entered into a lease with Cricket Wireless and Sonny’s Hot Dogs. Cricket Wireless is a nationwide cell phone franchise and Sonny’s Hot Dogs is a hot dog and burger joint. It is no surprise that this center is fully occupied, the combination of Neptune Plaza’s prime location, with over 112,000 people in a 3-mile radius, with major nationwide stores such as Shop Rite, Marshalls, Home Goods, and other strong tenants, this is the go to shopping center in the Neptune Township area.Walgreens Shopping Center on Rte. 46 W in Fairfield, NJ is now the home to a Chicken and Ribs restaurant and Taqueria los Gueros a regional Mexican restaurant chain. The Walgreens Shopping Center is located on Rte. 46 with close access to Rtes. 80, and 23, with major nationwide and franchise tenants, over 146,000 vehicles passing each day, and just 1 mile away from the Willow Brook Mall.Fair Lawn Medical Group, the largest and oldest physician owned multi-specialty practice in the state of New Jersey and Lab Corp a national blood and diagnostic lab, have leased space in the Fair Lawn Medical Arts Building located in Fair Lawn, NJ, which is located on Fair Lawn Ave., right off Rte. 208, with underground private parking for tenants and staff, and full time, on site janitorial services. There is only one remaining suite in this strategically located, class A medical / professional building.The total renovation of the Pine Brook Plaza, Rte. 46 West in Pine Brook, NJ is now complete. There are spaces available from 900 s/f to over 2,100 s/f. The Azarian Group is also pleased to announce new staff members including: Douglas Norkett, assistant property manager and leasing agent; Patille Kupelian, property management administrative assistant; Melanie Kelly, receptionist; Alba Gil, Administrative assistant; Dipal Upadhya, bookkeeper; and Cara Diaz, paralegal. 

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