RIPCO Real Estate (RIPCO) is a leading independent full-service brokerage offering services such as leasing, investment sales, property management, debt and structured finance, handling the leasing and marketing of the retail component of two mixed-use buildings. announced that in Hoboken, New Jersey.
RIPCO’s Deborah Stone and Daniel Zappala have been appointed exclusive leasing agents for 7 Seventy House (770 Jackson St) and VINE (900 Monroe St). On the ground floor he has three retail spaces totaling approximately 11,600 square feet of rental space.
· 770 Jackson Street, also known as 7 Seventy House, is a 424-unit apartment complex.
o Available Space: 9,730 sq ft (Unit 2: 4,656 sq ft (end cap) and Unit 3: 5,074 sq ft)
o Property Details: This building is located across from 9.th Street/Congress Street Station on the Hudson-Bergen Light Rail. More than 300,000 passengers use it every week. Retail units 2 and 3 can be leased together or separately. Both units have ceiling heights of 24 feet with a maximum of 30 feet. Unit 2 is ventilated for kitchen and restaurant use. Current retail tenants include Mile Square Early Learning Center and Prime Time Cleaners. The building is across from the Monroe Center, a major business community that includes office spaces, art studios, retail spaces and courtyards.
· 900 Monroe Street, also known as VINE, is a 135-unit multifamily residence with 1,882 square feet of ground floor retail space.
o Available space: 1,882 square feet
o Property Details: This property is adjacent to the Hudson-Bergen Light Rail. Learning Experience is a current tenant. This building is close to ShopRite and the Amazon distribution hub.
“The ground floor retail component of 7 Seventy House & VINE represents a trend we see in the mixed-use category,” said Zappala, Director of Ripco & Hoboken Residents. “Such developments tend to be in close proximity to train and light rail stations. We are leveraging the exposure of our neighborhood amenities, which are easily accessible to patrons who live outside of Hoboken, and 7 Seventy & Vine offers the same opportunity.”
Deborah Stone, Managing Director of Lipco New Jersey, said: Small specialty grocery stores and pharmacies. Our top priority in filling the available space is to meet the needs of the surrounding community by providing access to lifestyle retailers. ”
RIPCO has seen an increase in retail rental activity in the complex. Daniel & Deborah also represented the ownership of 1000 Jefferson Street, a 210-unit mixed-use rental building with final retail space leasing in 2021. Stone is a 232-unit residential building at 10 Green Street, Woodbridge, NJ. Tenants include LeGrand Coffee, Vito Mazza Salon and Spa, and UPS Store. In addition, RIPCO leased 18,537 square feet of retail space at the base of a 334-unit residential building at 161 Main Street in West Orange, New Jersey. These retail tenants include BK Lobster, Wing it On, IZ Medical, Sportsmed Physical Therapy, Goldie Aide Pharmacy, Mountain Society Wine, Beer and Spirits.
For more information and a listing of RIPCO, please visit www.ripcony.com.
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