Wayfair Leases 135,000 Square Foot Retail Space From Bridge33 Capital In Princeton New Jersey
3495 Brunswick Pike
Building Size
135,000 SF
Asset Type
Retail
Closing
Jun 19, 2026
AI
The asset involved in this transaction is a retail property located at 3495 Brunswick Pike, Princeton, NJ. The property encompasses a total area of 135,000 square feet, contributing to its designation as a large-format store. This location is part of the Nassau Park Pavilion and is situated in a market area that includes well-known retailers, such as TJ Maxx and Burlington, along the Route 1 corridor.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Landlord: Jahan Moslehi - Bridge33 Capital
- Tenant: Niraj Shah - Wayfair
- Market: Princeton, NJ
- Asset Size: 135,000 SF
- Lease Signing Date: 06/19/2026
Jahan Moslehi, representing Bridge33 Capital, has secured a lease agreement with Wayfair, represented by Niraj Shah. The agreement allows Wayfair to establish a physical retail presence in Princeton, with plans for the store's opening in 2027, enhancing its brick-and-mortar operations in conjunction with its existing e-commerce platform.
Players
Windsor 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