North Brunswick, N.J. — JLL Capital Markets has negotiated the sale of The Shoppes at North Brunswick, a 147,000-square-foot shopping center located in North Brunswick, approximately 40 miles southwest of Manhattan. Built in 2007 across nearly 16 acres, the center is 86.7 percent occupied. Tenants at the property, which is home to 42 retailers and five office tenants, include Starbucks, Chipotle Mexican Grill, Bath & Body Works, Men’s Warehouse, Crumbl Cookies, Banana Republic, Big Blue Swim School and Orangetheory Fitness. Roughly 20,000 square feet is still available for lease.
Jose Cruz, Kevin O’Hearn and J.B. Bruno of JLL represented the seller, Shoppes at North Brunswick LLC and an affiliate of The Azarian Group LLC. The buyer was a local private investor.