31,400-Square-Foot Bob’s Discount Furniture Store Opening August 31; To Co-Anchor the New Greenleaf at Union Shopping Center

CBRE today announced that a 31,400-square-foot Bob’s Discount Furniture store will be opening this month, as the first tenant of the newly-developed Greenleaf at Union shopping center in Union, New Jersey.

The store is scheduled to open August 31, and will serve as co-anchor, along with a 37,000-square-foot LA Fitness, of the new 110,000-square-foot retail shopping center, which is located on Route 22 and West Chestnut Street.

The CBRE team of Michael Horne, Steven Winters and Nicole Jadoo serves as the exclusive brokerage team for Greenleaf at Union. Bob’s Discount Furniture leased the center’s entire second floor, with the remainder of the center located on the building’s first level. BKR Lamar Retail Services represented Bob’s Discount Furniture in the transaction.

The LA Fitness at Greenleaf at Union is scheduled to open this fall, on the heels of the Bob’s Discount Furniture opening.

“As two of America’s premier retail operators, Bob’s Discount Furniture and LA Fitness serve as ideal anchor tenants for Greenleaf at Union,” said Mr. Horne. “These tenant openings mark an exciting milestone for the larger development, and we look forward to continuing to see this project achieve great success.”

Greenleaf at Union has a 23,000-square-foot junior anchor space available, as well as smaller spaces, ranging in size from approximately 1,400 square feet.

Centrally located in Union County, Greenleaf at Union is contiguous to Costco. Other neighboring retailers include Walmart, Target, ShopRite, Best Buy and a soon-to-be-developed, fully-approved LIDL Supermarket.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.us.