BK Lobster, SportsMed Physical Therapy and Golden Aide Health & Pharmacy to Open in Late Winter/Early Spring
WEST ORANGE, N.J., Nov. 22, 2021 — Three tenants are coming to The Shoppes at Edison Village on Main Street in West Orange, developed by Prism Capital Partners. Late winter/early spring 2022 openings are anticipated for BK Lobster restaurant, SportsMed Physical Therapy and Golden Aide Health & Pharmacy.
The tenants leased a combined total of 7,700 square feet at the high-profile redevelopment of Thomas Edison’s historic Invention Factory and Commerce Center, which includes 334 rental homes at Edison Lofts.
“Prism is thrilled to welcome these value-add retail tenants to the dynamic Edison Village community,” said Jon Hoff, senior vice president – management services. “Each will serve the local community while providing an added amenity and convenience for residents at Edison Lofts, which reached full occupancy this fall.”
Deb Stone from RIPCO Real Estate represented Edison Village as retail leasing agent for the BK Lobster and Golden Aide Health & Pharmacy leases. BK Lobster, which originated in Brooklyn, is known for its distinctive combination of fast casual dining with high-quality lobster specialties, including lobster rolls. The 3,000-square-foot restaurant will boast outdoor seating. Golden Aide Health & Pharmacy committed to 1,700 square feet; the local independent pharmacy will fill prescriptions and offer a range of health and wellness products.
Judith Feldman and Jeannette Melillo from Newmark represented landlord in the SportsMed lease. SportsMed Physical Therapy, a regional chain with 24 locations in New Jersey and Connecticut, will open a 3,000-square-foot location providing physical therapy, chiropractic services and acupuncture, as well as hand and occupational therapy services.
According to Hoff, leasing opportunities are still available within The Shoppes at Edison Village, with units ranging from approximately 1,200 to 11,000 square feet. “We are working on a couple of proposals with restaurateurs that we are excited about,” Hoff added. “In addition to its appeal for traditional retail, The Shoppes’ state-of-the-art mechanics and high ceilings create an ideal environment for medical users as well.” Adjacent, enclosed parking is available for Shoppes at Edison Village customers and tenants.
The award-winning, Prism Capital Partners-led redevelopment of the once crumbling, 400,000-square-foot Edison Battery Factory building includes The Residences at Edison Lofts, featuring 300 luxury apartments, and The Mews at Edison Lofts, which was constructed from the ground-up and houses a boutique collection of 34 additional dwellings over The Shoppes at Edison Village. A range of modern amenities support residents’ active lifestyles.
Headquartered in Nutley, N.J., Prism Capital Partners is an award-winning real estate owner, operator and developer with a proven track record of creating value through select real estate investments and developments. Prism is among New Jersey’s most active and respected developers, focusing on adaptive re-use and repurposing excess corporate facilities and turn-of-the-century industrial buildings. The privately held firm’s current Garden State multifamily projects also include Avenue & Green, a newly opened, mixed-use transit-village community in Woodbridge; Wonder Lofts, the conversion of the former Wonder Bread factory site on Clinton Street in Hoboken; and Dunellen Station, a mixed-use, transit-oriented apartment community under development in Dunellen.