HAZLET, NJ — Hazlet Town Center has announced four new retail leases at the regional shopping center on Route 35.
Urban Air Adventure Park, Bubbakoo’s Burritos, CoCo Fresh Tea & Juice and AT&T Wireless are coming to the site, the company said. Urban Air, a trampoline and adventure park, is expected to open in the beginning of 2023, a company spokesperson said.
Pierson Commercial is the leasing agent for the 203,912-square-foot shopping center.
“Within a short period of time, Hazlet Town Center has been transformed into a high-profile lifestyle and experiential services destination,” said Gregg Medvin, vice president of Pierson Commercial.
“Anchored by recent tenant additions of Burlington and Aldi, which book-end Urban Air, the shopping center appeals to a diverse slate of tenants, from national and local service providers to medical, fitness and restaurant providers,” he said.
In addition to the latest leasing activity, Panera’s indoor/outdoor dining with a drive-thru location and Bubbakoo’s Burritos at the center’s northwest corner recently opened. Construction is expected to begin on the pad at the northeast corner for a Wawa convenience store and fueling station.
Situated at the intersection of Route 35 and Bethany Road, Hazlet Town Center is owned by a joint venture between Onyx Equities and Siguler Guff & Co. Since being acquired by the group, it has undergone renovations that include facade refurbishments and “a rebranding and repositioning,” the company said.
According to Medvin, Pierson Commercial is currently in lease negotiations for the remaining space.
“Hazlet Town Center is an integral fixture within this highly desirable trade market,” said Matthew P. Flath, vice president of asset management at Onyx Equities. “By repositioning Hazlet Town Center, we are ensuring the shopping center’s longevity as a center of commerce as well as a community gathering place.”
Established in 2011, Pierson Commercial, headquartered in Marlboro, is a retail-focused commercial real estate brokerage and advisory firm. It also has an office in New York City, the company said in a news release.
Headquartered in Woodbridge, Onyx Equities, LLC, is a real estate firm specializing in investment, asset repositioning and ground-up development. Since its founding in 2004, Onyx has acquired more than $2.3 billion worth of real estate assets throughout New Jersey, New York, Pennsylvania and Connecticut, the company said in a news release.