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Original Article
Bloomfield-based Prism Capital Partners has recently announced it selected Ripco Real Estate to handle retail leasing for the Shops at Edison Village, a mixed-use development under construction in West Orange.
“We are thrilled to have Ripco as our partners, and look forward to them bringing tenants that will complement this exciting development project,” Ed Cohen, principal of Prism Capital Development, said.
Prism expects to deliver retail space to tenants by the third quarter. Ira Kerner, Curtis Nassau and David Townes of Ripco will handle leasing at the development at 177 Main St., which includes 330 residential units and 18,000 square feet of retail space.
“Part of what makes this an unusual opportunity for retailers in a mixed-use building is the surface parking available to customers,” Eugene Diaz, principal of Prism, said. “Not only will our retail tenants benefit from the people living in the apartments, flats, town homes and penthouses in Edison Village, but also from the vehicular traffic traversing along Main Street in this market.”
Townes said the tenants will also enjoy traffic from the easy access to and from Interstate 280.