Located at 525 Washington Street in Jersey City, N.J., the office asset involved in this lease transaction spans 1,706 square feet. The landlord, MEPT Newport Tower, LLC, oversaw the leasing process, with the tenant, Kobeyaki, being represented by Nancy Erickson of Colliers International. Kobeyaki, a fast-casual Japanese chain, expanded outside New York City with this new location.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not provided
• Market: Jersey City
• Tenant: Kobeyaki
• Tenant's Rep: Nancy Erickson (Colliers International)
• Landlord: MEPT Newport Tower, LLC
• Square Feet: 1706

Nancy Erickson of Colliers International, along with Kelly Bayer and Jennifer Flores, is actively seeking additional opportunities for Kobeyaki in New Jersey following the successful lease of their new restaurant space in Jersey City. The fast-casual dining sector, particularly establishments that offer high-quality, efficient, and affordable dining experiences, is experiencing notable growth in response to the evolving preferences of diners seeking healthier and innovative food options.