JLL to Lease Marketplace at River in Little Ferry, NJ
Firm to market recently redeveloped 139,011-square-foot shopping center at 260 Bergen Turnpike in Little Ferry
PARSIPPANY, N.J., June 20, 2019 — JLL will serve as exclusive leasing agent for the 139,011-square-foot Marketplace on River, 260 Bergen Turnpike, in Little Ferry, N.J. The firm will provide a full range of marketing and leasing services for the shopping center.
The new retail leasing assignment is being overseen by Marta Person Villa, senior vice president.
“The opportunity for retailers is tremendous at this newly renovated shopping center,” said Villa.
The 139,011-square-foot Marketplace on River, 260 Bergen Turnpike, in Little Ferry, N.J., was recently redeveloped, with the effort including the relocation of the HMart, once located in the rear of the center, to the front of the property to serve as anchor tenant. Marketplace at River has 75,149 square feet of retail space available for lease in a variety of sizes, including the former HMart space, which is 45,602 square feet and could be divided, a junior anchor space of 11,168 square feet, and 9,000 square feet of in-line shops facing River Road. The building has proposed adding an additional freestanding retail pad to join the recently renovated Dunkin/Baskin Robbins in the front of the center.
The shopping center is located at the intersection of Bergen Turnpike and River Road, near Route 46. The surrounding neighborhood boasts a population of 172,828 residents, as well as 28,425 businesses with 343,833 employees.
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 nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com