[ad_1]
A new Burlington store is coming to the Huntington Commons shopping center.
The New Jersey-based off-price retailer leased 25,442 square feet at the New York Avenue center.
Burlington leased the Huntington Commons space formerly occupied by Marshalls, which moved to a 27,357-square-foot space next to the new ShopRite supermarket. The ShopRite and Marshalls stores were carved out of the space once occupied by Kmart when the center was known as the Big H.
Huntington Commons has been undergoing a $31 million renovation by its owner Urban Edge. With the new leases, the center’s occupancy rate has increased to 92 percent.
“Burlington is a terrific complement to our existing merchandise mix at Huntington Commons,” Leigh Lyons, senior vice president at Urban Edge, said in a company statement. “With essential grocery alongside compelling value retail as well as new fitness and wellness options, there is even more reason for shoppers in the surrounding community to visit the property more often.”
Clifford Simon and David Rosen of CNS Real Estate represented Burlington in the Huntington Commons lease transaction.
Next week, Burlington is opening a new 25,901-square-foot store at Meadowbrook Commons in Freeport.
Publicly traded Burlington Stores has about 900 stores in 46 states and Puerto Rico. The company reported net sales of $8.7 billion in fiscal 2022.
=
[ad_2]
Source link
