The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Retail for Lease - Contact Jason Pierson Ryan Starkman Ph. 732-707-6900 x1 Ph. 732-707-6900 x5 [email protected] [email protected]
79 Route 520, Suite 202 • Englishtown, NJ 07726 • www.piersonre.com • Licensed Real Estate Broker The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Availabilities & Co-Tenants Availabilities • +/- 8,696 SF • +/- 1,981 SF • +/- 950 SF • +/- 2,225 SF • +/- 1,200 SF
Co-Tenants • Barnes & Noble, Rutgers • Cool Vines • Sweetwaters • BP by Marcus Samuelsson • Kite & Key • Whole Foods • CityMD • Launch Pad • City National Bank • Petco Site Description
• Project consists of a transformative mixed-use environment that blends residential, office, retail, educational and open space: • Over 80,000 SF of retail space • 100,000 SF of office and educational • 160 Residential units
• Located in the largest city within the state of New Jersey, with a living population of nearly 300,000 people, ranking it one of the most populous municipalities in the country
• The project is approximately 8 miles from lower Manhattan with a less than 20-minute train ride to New York Penn Station
• The market consists of a large office population that includes over 14.5 million square feet of office space in the downtown central business district and is home to several major corporations in Prudential, PSE&G, Audible.com, Panasonic, IDT and significant east coast law firms such as McCarter English and Genova Burns
• Residential pipeline of 3,700+ rental units is currently in development in the immediate downtown area along with 35,000+ students in the market The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Demographics
Universities • 12,321 full-time Rutgers University Newark students • 1,404 Rutgers University Newark faculty and staff • 734 full-time Seton Hall University School of Law students • 82 Seton Hall University School of Law faculty and staff • 11,446 full-time New Jersey Institue of Technology students • 1,309 New Jersey Institue of Technology faculty and staff
Market Activators • Gateway Center • Prudential • NJ Performing Arts Center • Prudential Center • NJ Transit • PSE&G • Panasonic • University Hospital
Radius Population Employee Population Median Age .5 Mile 5,401 64,230 24.6 1 Mile 48,754 93,040 33.2 2 Mile 203,964 164,875 33.0 3 Mile 357,825 208,557 33.7 The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Market Aerial
BROAD STREET HEADQUARTERS Saint Michael’s MEDICAL CENTER HAHNE’S DEVELOPMENT
Newark HONORS LIVING 400 student beds coming Fall 2018 SUBJECT SPACES
HALSEY HEADQUARTERS NEWS
SHOPPES ON BROAD
BROAD STREET
SETON HALL UNIVERSITY SCHOOL OF LAW GATEWAY CENTER 2.6MM SF Office Park National HALSEY STREET RAYMOND BOULEVARD Headquarters
MARKET STREET
PRUDENTIAL CENTER NEWARK PENN STATION The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
CENTRAL STREET
23 Halsey St. Streetscape 25 Halsey St.
CENTRAL RESTAURANT 29 Halsey St. MY CHIC NAILS LAW OFFICES
26 Halsey St.
43 Halsey St. 45 Halsey St. BROAD STREET BROAD HALSEY STREET
CUT CREATORS AVAILABLE +/- 8,696 SF 51-55 Halsey St.
LENZY’S NUTRITION CENTER
GIFTS EAST WEST
AVAILABLE +/- 1,981 SF AVAILABLE +/- 2,225 SF NEW STREET
VILLAGE HOTEL
HONORS LIVING (400 student beds HALSEY CLEANERS coming Fall 2018)
81 Halsey St.
83 Halsey St. HALSEY NEWS 85 Halsey St. PRUDENTIAL STREET LINDEN AVENUE
SHOPPES ON BROAD
87 Halsey St. 102 Halsey St. HALSEY FABRICS HALSEY STREET BROAD STREET BROAD
WHITE STAR NAIL WARREN STREET
CITY PARKING CEDAR STREET The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Availabilities
AVAILABLE AVAILABLE +/- 1,981 SF +/- 8,696 SF
AVAILABLE +/- 2,225 SF
NEW STREET
BROAD STREET
NOTE: All referenced locations are street level The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Site Plan
RETAIL +/- 8,696 SF
RESIDENTIAL LEASING
RETAIL +/- 1,981 SF
RETAIL +/- 2,225 SF The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Newark Market Growth 2007 - Present
The Prudential Center
has greatly impacted CONTINUED Newark’s economic growth, GROWTH THIS YEAR attracting over 1.8MM visitors to the approximately 18,000 seat venue for over 200 (2 locations) events annually.
2019 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 YTD The Retail at Hahne & Co. 609 Broad Street, Newark, New Jersey
Contact Information
Retail for Lease - Contact Jason Pierson Ryan Starkman Ph. 732-707-6900 x1 Ph. 732-707-6900 x5 [email protected] [email protected]
© 2019 Pierson Commercial Real Estate, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any renderings, projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.