MORRIS COUNTY—RKF recently arranged two long-term retail leases in Morris County for Five Guys Burgers & Fries. RKF is the retail leasing broker for the Five Guys Burgers & Fries franchisee in Morris, Passaic and Sussex Counties.
RKF managing director Glenn Beyer orchestrated the 2,689-sq.-ft. retail lease at 240 Route 10 West in East Hanover on behalf of the franchisee, Genco Development, LLC d/b/a Five Guys Burgers & Fries. Building owner and developer Vornado, Hanover VF LLC was represented in-house. The restaurant is expected to open in March.
Beyer also represented the quick-casual restaurant in the leasing of a 2,379-sq.-ft. retail space at Westmount Plaza, a 420,000-sq.-ft. power center in Parsippany. The landlord was represented in-house by owner and developer Garden Commercial Properties, Westmount Plaza LLC. The store is anticipated to open this month.
“Five Guys wanted to relocate to a space within the same trade area in Parsippany and found the most ideal location in Westmount Plaza among co-tenants like ShopRite, Kmart, Bed Bath and Beyond, Home Depot and others,” said Beyer. “In East Hanover,they saw the opportunity to penetrate a new market at a dominant shopping center including national chains Dick’s Sporting Goods and Home Depot.”