OLD BRIDGE, NJ –Retail leasing specialists R.J. Brunelli & Co., LLC, today announced that it has been retained by Dollar Tree, Inc. as exclusive leasing agent for all of New Jersey, adding areas south of Route 195 to a territory that, for the past three years, covered the northern and central parts of the state.
The new southern New Jersey territory includes parts of Mercer and Monmouth counties that firm previously didn’t cover, along with Ocean, Burlington, Atlantic, Cape May, Camden, Gloucester, Salem and Cumberland counties.
“We are now aggressively seeking sites throughout New Jersey for this fast-growing company’s Dollar Tree and Deals concepts,” said Danielle Brunelli-Albrecht, senior vice president. “The company looks for freestanding, inline or end-cap spaces in shopping centers, as well as locations in downtown areas with high foot traffic. They prefer 10,000-square-foot spaces, but are flexible and will consider 7,500- to 12,000-square-foot stores and have even taken up to 15,000 square feet in very desirable areas.” She added that stores must offer a minimum 70 feet of frontage and a minimum depth of 70 feet.
Since being retained by the retailer in Fall 2010 for central and northern New Jersey, Ms. Brunelli-Albrecht completed 19 leases for Dollar Tree and Deals stores, including five locations now under construction in Union City, Edison, Roselle Park, Belleville, and Hazlet. Leases are now out for signature on five additional locations.
Dollar Tree, a Fortune 500 Company, operated 4,842 stores in 48 states and five Canadian provinces as of August 3, 2013, with total retail selling footage of 41.9 million square feet. The company is based in Chesapeake, Va.
About R.J. Brunelli & Co.
R.J. Brunelli & Co. serves as exclusive leasing representative for 17 existing retail properties, three centers under construction and two in the approvals stage with a combined gross leasable area (GLA) of approximately 1.5 million square feet, along with five properties for sale or lease with approximately 40,000 square feet of GLA. The properties are located throughout New Jersey. The firm also serves as exclusive or preferred real estate representative in various New Jersey, New York and Pennsylvania counties for 15 retail, restaurant and service chains, including such major companies as Dollar Tree, Red Robin, Sally Beauty Supply, Toys “R” Us/Babies “R” Us, Ulta Beauty, and Work Out World. For more information about Dollar Tree, contact Danielle Brunelli - Albrecht, senior vice president, R.J. Brunelli & Co., at (732) 721-5800, [email protected]