The asset involved in the transaction is a retail property located at 1571 US Route 22 in Watchung. Spanning 4,321 square feet, this property will serve as a showroom for Ethan Allen, one of America’s top premium furniture destinations. The location is part of Greenbrook Commons, which is a shopping center anchored by Aldi, BJ’s Wholesale Club, Buffalo Wild Wings, and The Vitamin Shoppe and occupies a former Chase Bank pad site.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Landlord: Justin Lustig - Urban Edge Properties
• Tenant: Ethan Allen
• Landlord's Rep: Mike Testa & William Farkas - Jeffery Realty
• Tenant's Rep: Mark Handwerker & Neil Goldstein - The Goldstein Group

Justin Lustig, the Vice President of Leasing for Urban Edge Properties, expressed excitement about the addition of Ethan Allen to their portfolio and looks forward to strengthening their relationship while exploring future opportunities at their shopping centers.