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Anatomy of a Lease: honeygrow in Old Bridge, N.J.

Photo provided by Regency Centers

honeygrow, a Philadelphia-based fast-casual restaurant chain, signed a lease for an end cap in a retail building that is part of a new 360,000-s.f. grocery-anchored shopping center development that will be completed by early 2024. Honeygrow expects to open by late spring of 2024. The unit will face an open courtyard area that acts as a corridor between the neighboring building, and the space allows for open patio dining options. This location will be the sixth honeygrow in New Jersey and serves as a natural progression for the brand as it helps connect the dots between its other restaurants in the state that are sprinkled throughout North and South Jersey.

Tenant: honeygrow
Location: Old Bridge, N.J.
Square Footage: 2,550 s.f.
Developer/Owner: Regency Centers
Property Type: Grocery-Anchored Shopping Center

The upcoming shopping center, to be called Glenwood Green, will house a wide mix of tenants, including medical, gas/convenience, small shops and nationally known restaurants. Notable upcoming brands that will be in the project include Target, ShopRite, Wawa, Shake Shack, Chipotle and Panda Express. Glenwood Green will be adjacent to a new residential development that will consist of at least 1,200 single-family homes. The site in Old Bridge, a suburb about 25 miles from Manhattan, is on Route 9, which receives 81,000 vehicles per day. honeygrow is known for its customizable stir-fry plates, salads and fruit/dessert bowls that can include a choice of honey toppings.

Tenant Representation:
RIPCO Real Estate
1000 Woodbury Road, Suite 100
Woodbury, NY 11797
Jeff Howard, Vice Chairman
(516) 933-8880
jhoward@ripcony.com
611 River Drive, Third Floor
Elmwood Park, NJ 07407
Matt Grundy, Managing Director
(201) 777-2296
mgrundy@ripconj.com

Property Representation: Regency Centers
100 Matsonford Road, Building 4, Suite 510
Radnor, PA 19087
David Sherin, Senior Leasing Agent
(610) 747-1212
davidsherin@regencycenters.com

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Linda Frabl

Frabl is the former editor and reporter of Crittenden’s Retail Tenants Report. She has several years of experience in publishing including stints as a freelance writer, managing editor, copy editor and as an editor-in-chief for two Los Angeles County-based lifestyle magazines. She has worked for Crittenden Research since 2018. She has a degree in English from the University of California, Santa Barbara, and resides in San Diego.

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