Thursday, March 09, 2006

Jones Lang LaSalle

Lane Bryant Leases 6,000 SF
By Eric Peterson
Last updated: March 8, 2006 10:08am
(For more retail coverage, click
GlobeSt.com/RETAIL.)

SOMERSET, NJ-Lane Bryant has added another store to its growing chain, signing on for just under 6,000 sf at Somerset Shopping Center. One of the oldest shopping centers in New Jersey, Somerset is located at the intersection of Route 202/206 and 22.

Ethan Goldsmith of Levin Management Corp., North Plainfield, NJ, negotiated the lease with Lane Bryant. Levin Management operates the 214,202-sf center for its owners. Terms of the lease were not disclosed.

Lane Bryant joins a tenant roster anchored by Barnes & Noble and Linens 'n Things. Eastern Mountain Sports, Annie Sez, Pier 1 Imports, TGI Friday's, Mikasa, RiteAid, Hallmark and Pearle Vision are among the other tenants, and Gap, GapKids, babyGap and GapBody were recent additions.

"We've put together a complementary tenant mix of national, regional and local retailers," says Matthew Harding, president and COO of Levin, which has in recently years repositioned the original shopping strip as a lifestyle center. "The growing roster of tenants continues to satisfy the buying needs of this upscale population."