7 Brand-Name Companies Coming To Newark’s University Heights

NEWARK, NJ — The ShopRite at Springfield Avenue Marketplace in Newark will soon have some company: seven brand-name companies. According to Tucker Development, the property is now 85-percent leased. In addition to ShopRite, the development is currently home to Sarku Japan, Taco Bell and McDonald’s.

The list of incoming tenants at the mixed-use development will soon include:

• Plus-size clothier Ashley Stewart, which signed a 4,500-square-foot lease, and opened in April
• Popeyes Lousiana Kitchen, which signed a 1,800-square-foot lease, will open this Spring
• MetroPCS, which signed a 800-square-foot lease, will open this Spring
• Huddle House, a popular breakfast eatery, signed a 2,400-square-foot lease, and will open this Summer
• T-Mobile, which signed a 1,800-square-foot lease, will open late Summer
• Roberto’s Pizza signed a 2,100-square-foot lease, will open late this Summer
• Venus Beauty signed a 3,500-square-foot lease, will open late this Summer

“With a scarcity of retail availabilities within new grocery-anchored developments, Springfield Avenue Marketplace presents a unique opportunity for clothiers, restaurateurs and other retailers,” said Jake Frantzman of Ripco Real Estate. “With grocery, fashion and dining already onsite, the development presents a perfect retail environment, so it’s no surprise the property is 85-percent leased after such a short period of time.”

According to developers, since opening in September 2015, Springfield Avenue Marketplace has helped to attract new residents in University Heights, “largely professionals and graduate students.”

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Photo: YouTube screenshot, Ripco Real Estate