Levin Management Corporation (LMC) announces that Burlington Stores plans to open a new, 46,000-square-foot location at the Somerville Circle Shopping Center, a 150,000-square-foot shopping destination in Raritan. The opening is expected in Spring 2020.
Burlington will occupy a free-standing box formerly occupied by Toys “R” Us/Babies “R” Us.
LMC Senior Leasing Representative Vanessa Fernandez-Kelty arranged the lease; Clifford Simon and David Rosen of CNS Real Estate represented the tenant.
“Off price retailers are thriving in the current marketplace, and Burlington – which is aggressively expanding its footprint – is no exception,” said Fernandez-Kelty. Burlington operates approximately 690 stores in 45 states and Puerto Rico.
Somerville Circle Shopping Center is anchored by Staples, Petco and P. C. Richard & Son. Other national and regional tenants include Carter’s, Jersey Mike’s, Panera Bread, Burger King, Five Below and Harmon Discount.
“Burlington is a terrific anchor addition for this property, which is an established ‘one-stop’ shopping destination for regional consumers,” Fernandez-Kelty noted. “This is a great example of our efforts not just to fill space, but to fill space with the right tenant – one that complements its co-tenancy and adds to a property’s dynamic.”
With the long-term Burlington commitment, Somerville Circle Shopping Center is near full occupancy, with just one, 3,000-square-foot availability remaining.
Located at 300 Route 202, at the intersection of Routes 202/206 and Route 28, Somerville Circle Shopping Center serves a growing residential population of more than 112,200 people within a five-mile radius. The marketplace has an average household income above $135,000 per year, and the daily traffic count on Route 202/206 exceeds 72,000 vehicles.
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