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855 Saint George's Avenue

Burlington Signs Lease For 38459 SF Retail Space At St. Georges Crossing In Woodbridge
LEASEDRetail

Burlington Signs Lease For 38459 SF Retail Space At St. Georges Crossing In Woodbridge

855 Saint George's Avenue

Building Size

38,459 SF

Asset Type

Retail

Closing

Jul 28, 2025

AI

The property involved in this transaction is a retail asset located at 855 Saint George's Avenue in Woodbridge, NJ. It encompasses 38,459 square feet within the St. Georges Crossing shopping center, which has a total size of 343,000 square feet. The market for this property is Woodbridge.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 855 Saint George's Avenue
  • Market: Woodbridge
  • Asset Size: 38,459 sf
  • Tenant: Michael O'Sullivan - Burlington
  • Landlord's Representative: E.J. Moawad - LEVIN Management
  • Tenant's Representative: Clifford Simon - CNS Real Estate

Burlington Stores has signed a lease for the 38,459 square feet of retail space at St. Georges Crossing. This marks the culmination of filling the last vacancy in the shopping center. The lease is part of a broader strategy by Levin Management Corp. and CNS Real Estate to modernize the tenant mix in the area, representing a significant step in their ongoing development efforts.

Players

E.J. Moawad

LEVIN Management

Broker

7 deals

Broker
LEVIN Management
LEVIN Management Brokerage
B
BurlingtonTenant

Woodbridge Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93