JLL Secures Sites for 9 Burgerim Franchisees in New Jersey
Firm inks 9 separate retail transactions, totaling 17,897 square feet, for new Burgerim restaurants throughout the Garden State
EAST RUTHERFORD, N.J, April 3, 2019 — JLL has completed nine separate retail transactions, totaling 17,897 square feet, for Burgerim franchisees throughout New Jersey.
“Burgerim is a popular, fast-growing burger restaurant chain that offers a diverse menu of sliders with options for everyone and every diet,” said Villa. “The tenants chose locations in well-known retail shopping environments that were very well-populated with synergistic retailers. These are very densely populated retail markets overall, with an equally growing number of new residential rooftops coming in year-over-year, with a very diverse demographic mix.”
JLL’s NJ team of Marta Villa, senior vice president, and Conor Ryan and Blake Shanaphy, associates, along with Michel Asayag, president and CEO, of Home Quest Properties Corp., represented the following tenants:
Ridivaan Inc., d/b/a Burgerim, inked a 10-year lease for 2,852 square feet at 39 Nathaniel Place in Englewood, N.J. The building owner was represented by Michael Rawlins, vice president, and Colby Piper, salesperson, with Ripco Real Estate Corp.
TT Mirza Empire Corp, d/b/a Burgerim, signed a 10-year lease for 2,417 square feet at 1340 Centennial Avenue within the Centennial Plaza shopping center in Piscataway, N.J. The building owner, Centennial Plaza 1 LLC, was represented by Michael McDermott, leasing agent, with Edgewood Properties.
Huff and Madison, d/b/a Burgerim, inked a 10-year lease for 1,980 square feet at the Greenleaf at Union retail center, 1235 West Chestnut Street, in Union, N.J. The building owner was represented by Michael Horne, first vice president, with CBRE Inc.
TRK Overseas LLC, d/b/a Burgerim, signed a 10-year lease for 1,950 square feet at The Hub, located at the corner of Middlesex and Central avenues within the Gateway at Metuchen project in Metuchen, N.J. The building owner, District at Metuchen II LLC, was represented by Danielle Sobol, junior associate, with Tri State Commercial Realty.
Buraq5 LLC, d/b/a Burgerim, completed a 10-year lease for 1,880 square feet at the Market Place at Elmwood Park, 430 Market Street, in Elmwood Park. The building owner, Puccio IV LLC, was represented by David Townes, senior director, with Cushman & Wakefield Inc.
3D Diamond Inc., d/b/a Burgerim, signed a 10-year lease for 1,500 square feet at Riverfront at Cranford Station, 105 Chestnut Street, in Cranford, N.J. The building owner was represented by Michael Gartenberg, director of real estate, with Garden Commercial Properties Inc.
Foster Restaurant, LLC, d/b/a Burgerim, completed a 10-year lease for 1,400 square feet at 477 South Washington Avenue in Bergenfield, N.J. The building owner was represented by Rawlins and Piper with Ripco.
JLL represented the .landlord in the following transactions:
Alvarez Investments LLC, d/b/a Burgerim, completed a seven-year lease for 2,163 square feet at 37 Easton Avenue in New Brunswick, N.J. The building owner was represented by Villa with JLL.
JQL 1 LLC, d/b/a Burgerim, inked a 10-year lease for 1,755 square feet at 98 Halsey Street in Newark, N.J. The building owner was represented by Villa with JLL.
JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 1,000 professionals and support staff providing agency leasing and property marketing, tenant representation, industrial services, strategic consulting, occupancy planning, workplace strategies, project and development services, property and facility management, and investment sales/capital markets services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from three full-service offices in Parsippany, Iselin (Metropark) and East Rutherford, also acts as a local service provider for JLL’s global and national corporate clients in need of real estate assistance in New Jersey. JLL’s New Jersey operations were honored by NJBiz magazine as one of its 2015 Best Places to Work in New Jersey.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com