Newmark Knight Frank (NKF) said it was awarded the leasing assignment for retail space at the base of luxury residential building The Parker, located at 106 Park Ave. in Rutherford, for the building’s landlord Vango Development.
The spaces are a combined 3,649 square feet flanking the ground floor lobby of the boutique, 52-unit rental building.
The Parker is in downtown Rutherford, with several restaurants and the Rutherford Public Library nearby. Located within 30 minutes of Manhattan in a premier New Jersey downtown area, the spaces in the Parker will serve well for tenants looking to be part of a welcoming – and growing – community.
Adjacent to neighboring stores such as Suprema, Playa Bowls, Dunkin Donuts and Kabob on the Cliff, the luxury rental building’s tenant population and its surrounding neighborhood offer a promising opportunity for retail businesses seeking a strong customer population.
“The Parker has become a destination for residents who wanted both a dynamic, urban-inspired lifestyle of downtown Rutherford and its residential appeal,” said Van Golemis of Vango Development. “We are pleased to work with the NKF team in finding tenants who will appreciate the robust and welcoming community that residents and tenants of The Parker have created.”