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Crate & Barrel Leases 23.4K SF Space At Mercer On One In Lawrenceville

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LEASED
David Townes
Alana Friedman
Jeffrey Fischer

New Jersey

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Retail23,400 SF
Leased 01/26/2024
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Property Image
LEASED

Crate & Barrel Leases 23.4K SF Space At Mercer On One In Lawrenceville

3357 Brunswick Pike

See Similar Deals
Retail23,400 SF
Leased 01/26/2024
David Townes
Alana Friedman
Jeffrey Fischer
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:23,400 SF
Transaction Type:Lease

Crate & Barrel Outlet has leased a 23,400-square-foot space at Mercer on One in Lawrenceville. The retail property is located at 3357 Brunswick Pike in Lawrence Township. Mercer on One is an upscale center that aligns with Crate & Barrel's strategic expansion efforts. The prime location offers high-traffic and provides an ideal setting to meet customer demand.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Square Footage: 23,400 SF
  • Address: 3357 Brunswick Pike, Lawrence Township
  • Market: Lawrence Township

Jeffrey Fischer from Federal Realty Investment Trust represented the landlord in the deal. Alana Friedman and David Townes from JLL served as the tenant's representatives for Crate & Barrel Outlet.

Players

David Townes
JLL
David Townes
15 deals$7.1M volume(973) 829-4800
BROKER
Alana Friedman
JLL
Alana Friedman
12 deals$7.1M volume(201) 741-0990
BROKER
Jeffrey Fischer
Federal Realty Investment Trust
Jeffrey Fischer
1 deal
BROKER

Details

LEASED
IMAGE: Jeffrey Fischer, Alana Friedman & David Townes DATE: 01/26/2024 ADDRESS: 3357 Brunswick Pike MARKET: Lawrence Township ASSET TYPE: Retail ~ SF: 23,400 TENANT: Marci Carl - Crate & Barrel (@CrateandBarrel) LANDLORD'S REP: Jeffrey Fischer - Federal Realty Investment Trust (@Federal.1962) TENANT'S REP: Alana Friedman (@Lanigram) & David Townes (@Brokermap) - JLL (@JLL) NOTE: Crate & Barrel Outlet has leased a 23,400-square-foot space at Mercer on One in Lawrenceville, part of its strategic expansion efforts. The move underscores Crate & Barrel's commitment to providing value and quality in high-traffic, upscale centers, with Mercer on One offering an ideal location to meet customer demand.

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Deal Type
Effective Rent (Annual)

$1,341,273.88

Total Lease Value

$13,412,738.79

Net Landlord Cash Flow$1,341,273.88