KBG Korean BBQ & Grill Leases Retail Space At Hahne & Co In Newark

The retail property located at 609 Broad St, Newark, NJ, 07102 has been fully leased to KBG Korean BBQ & Grill, spanning 1,932 square feet. The historic property is part of the revitalized Hahne & Co. building in downtown Newark, housing various restaurants, retailers, office spaces, and 160 apartments. The landlord's representative, Ryan Starkman of Pierson Commercial, facilitated the transaction. KBG Korean BBQ & Grill will be situated at the corner of Halsey and New streets within the complex.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not provided
• Market: Newark
• Tenant: KBG Korean BBQ & Grill
• Landlord: Goldman Sachs Urban Investment Group
• Square Feet: 1932

The ownership team of L+M Development Partners, Prudential Financial, and Goldman Sachs Urban Investment Group expressed their excitement in welcoming KBG as the final addition to Hahne & Co. The building has been transformed into a vibrant hub, with KBG Korean BBQ & Grill complementing the culinary offerings in the area, alongside Ani Ramen and other eateries. Joel Park, the owner of KBG Korean BBQ & Grill, shared his enthusiasm for the new location, emphasizing the opportunity to bring authentic Korean BBQ dishes to the Downtown Newark community.