Restoration Hardware Leases 50,739-Square-Foot Retail Space At 200 Ikea Drive In Paramus

The retail asset located at 200 Ikea Drive in Paramus encompasses a total square footage of 50,739. This property was previously occupied by Sports Authority, and the lease transaction marks a notable relocation for the tenant. The market for this asset is Paramus, reinforcing its significance within New Jersey’s retail landscape.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 200 Ikea Drive
• Market: Paramus
• Asset Size: 50,739 SF
• Tenant: Gary Friedman - Restoration Hardware
• Landlord's Representative: Ed Vasconcellos III & Vanessa Fernandez-Kelty - LEVIN Management
• Tenant's Representative: Curtis Nassau & Patrick Brake - Ripco

Gary Friedman of Restoration Hardware executed the lease with the location serving as a strategic move to capitalize on one of New Jersey's busiest retail intersections. The landlord was represented by Ed Vasconcellos III and Vanessa Fernandez-Kelty from LEVIN Management, while the tenant was represented by Curtis Nassau and Patrick Brake from Ripco, establishing a collaborative effort among key stakeholders in this transaction.