Burger restaurant Five Guys is under new ownership at Blue Star Shopping Center, and has renewed its lease with Levin Management Corp., the leasing and managing agent for the 420,000-square-foot property.
LMC Senior Leasing Representative E.J. Moawad arranged the 2,500-square-foot transaction; Stanton Brown at MSC represented the tenant.
“Blue Star Shopping Center shoppers have appreciated the presence of Five Guys since it opened here in 2007,” said Moawad. “A leader in the fast-casual segment, this popular brand strengthens the property’s appeal for neighborhood dining, retail and services. We look forward to working together with Five Guys’ new ownership for many years to come.”
The shopping center, located at 1701 U.S. Route 22 in Watchung, is anchored by ShopRite, Kohl’s, Marshalls and Michaels. Other tenants include Dollar Tree, The Children’s Place, Sally Beauty, American Freight, Hand & Stone Massage and Facial Spa, TGI Friday’s, Wendy’s and Arby’s.
Blue Star Shopping Center has retail availabilities from 1,200 square feet up to 40,000 square feet.
Blue Star Shopping Center serves a growing population of more than 108,000 people within a 3-mile radius. The marketplace offers an average household income of $149,000, and the daily traffic count is 60,000 vehicles.