JLL Inks 2 Retail Leases at Newark’s Courtyard by Marriott
JLL has completed two new five-year retail leases at the Courtyard by Marriott at 858 Broad St. in downtown Newark, NJ, for the owner, an affiliate of Tucker Development Corp. Seafood restaurant Just Beclaws signed for 5,318 square feet of retail space, while the U.S. Army Recruiting Command leased 3,500 square feet at the 150-key hotel’s base.
The building owner was represented by JLL’s Marta Villa and Blake Shanaphy. Just Beclaws was represented by Charles Du with Century 21 Main Street Realty. The U.S. Army Recruiting Command was represented by a Tucker affiliate in-house.
“Newark’s resurgence continues to enhance the city’s reputation in the eyes of retailers from around the state and the nation,” said Villa. “We are seeing increased leasing velocity in downtown Newark up and down Broad Street.”
When the Courtyard by Marriott opened in 2012, it became downtown Newark’s first new hotel in more than 30 years.
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