Grid Real Estate announced June 24 that the agency completed four retail deals in Journal Square and downtown Jersey City.
Grid’s Bobby Antonicello, Greg Edgell and Dante Trigo represented both landlords and tenants in the transactions. Exotic Snax, The Void Coffee and Antiques, and Flipsigi all signed five-year leases with five-year options, while Confident Care signed a three-year lease.
Altogether, the transactions total 4,850 square feet leased.
745 Newark Ave.’s retail space was previously home to Hilsa, a neighborhood halal grocer, but has been vacant since the start of the COVID-19. However, it will soon open its doors as Exotic Snax, a Bronx-based variety store. Products consist of rare, foreign snacks, beverages, and tobacco products. This 900 square-foot storefront will become its fourth location, but its first in New Jersey.
115-117 Brunswick St.’s 1,700-square-foot anchor corner space has gone under complete modernization and will become the new flagship store for Into The Void Coffee and Antiques. This dual-purpose storefront specializes in craft coffee and describes itself as an expresso lounge that also sells one-of-a-kind antiques.
190 Academy St.’s 122 micro-unit building features a 1,350-square-foot anchor retail space. The space will be acquired by Flipsigi, a Filipino Tacqueria. The restaurant features a modern take on an approachable Filipino menu, crafted by celebrity chef Jordan Andino. Flipsigi will be a flagship eatery for all food lovers in the area, according to Jersey City-based Grid Real Estate, surely becoming a hot spot as it gains foot traffic with popularity.
The historic 591 Summit Ave., Jersey City’s first retail/office building, will welcome Confident Care. Confident Care will occupy the 900-square-foot retail space that became available for a short time before the pandemic. Confident Care provides innovative and accessible skilled and non-skilled home care.
“It has been a challenging year for a countless number of businesses within our community, and we at Grid Real Estate LLC are honored to be part of the effort in jumpstarting the Gold Coast economy. All tenants have interesting concepts that offer competitive advantages in their fields, allowing them to ultimately thrive in Jersey City,” said Trigo.