Englewood, N.J. (January 28, 2021) – NAI James E. Hanson announces it has negotiated a 2,506-square-foot retail lease at 28-46 South Dean Street in Englewood, N.J. NAI James E. Hanson’s Anthony Cassano and Ronald Fotiu represented both the landlord, JPMCC2006 LPD8-24&42 S. Dean Street LLC, and the tenant, Chic Sugars LLC, in the transaction.
Featuring a strategic, highly visible location with 315 feet of frontage along one of Englewood’s busiest streets, 28-46 South Dean Street is a two-story 41,000-square-foot mixed-use building boasting a diverse tenant roster. Anchored by New York Sports Club which occupies the entire 20,500-square-foot second floor of the property, the building also boasts an attached 435-space indoor parking garage, offering added convenience to tenants and customers.
Founded in 2009 in Fort Lee, N.J. by self-taught baker and cake designer Erika Oldham, Chic Sugars is a boutique bakery specializing in the creation of delicious, visually appealing baked goods that are shipped fresh nationwide With over two decades of experience, Oldham and her team at Chic Sugars create a wide selection of custom cakes, cupcakes, cake jars, brownies, macarons, edible cookie dough and banana pudding on a daily basis Due to the small business’ ongoing success, Chic Sugars was looking to expand its operations by relocating to a larger, more highly trafficked location that still enabled the bakery to continue serving clientele in northern New Jersey and New York City. Recognizing the tremendous visibility and prime location 28-46 South Dean Street provided, Chic Sugars selected the property to serve as the new location for its full-service bakery and café.
The transaction marks the third lease NAI Hanson’s brokerage team of Cassano and Fotiu have inked at 28-46 South Dean Street as the team helped bring Tiger Schulmann Martial Arts and Vera’s Bridal to the property in 2019. In addition to being named exclusive brokers for the property in 2016 NAI James E. Hanson’s Property Management Group manages the building’s commercial space. Managing over 6.9 million square feet of space throughout New Jersey, Pennsylvania, Maryland and New York’s Rockland and Orange counties, NAI James E. Hanson’s Property Management Group oversees the fiscal and physical health of each asset it manages with a full suite of property management services, including lease administration, planned maintenance programs, security analysis, risk management, energy conservation strategies, accounting services, construction management services and facility audits.
“Increased visibility and flexibility remain among the top priorities for retail and office businesses, trends that have only accelerated as a result of the COVID-19 pandemic,” said Cassano. “28-46 South Dean Street meets both criteria, which make it an ideal destination for retail and office tenants to enhance their market position as they seek to engage prospective customers in the local community. We were pleased to leverage our deep market expertise to find another quality tenant for this property while helping to bring a highly reputable small business to the area.”
Currently, 28-46 South Dean Street has two adjacent units left which can be combined, one with 2,506 square feet available and another with 2,270 square feet available. For more information on leasing opportunities, please contact Ronald A. Fotiu at 201-488-5800 x124 or email@example.com or Anthony J. Cassano at 201-488-5800 x146 or firstname.lastname@example.org.