Weiss Realty Co is pleased to announce that CVS Pharmacy has signed a long term, Twenty-Five (25) year ground lease at the Berkeley Heights Shopping Center located at 400 Springfield Ave and Lone Pine Drive in Berkeley Heights, NJ
The new Drive - Thru Pharmacy Store is approximately 13,000 SF , located on a 1.2 acre Pad site at the entrance to the Shopping Center.
"We are proud to have played a part in the transaction in bringing CVS to the Berkeley Heights Shopping Center " says Matthew B Weiss..."The visibility of the store and demographics of the community are outstanding"
Matthew B. Weiss, a principal with Weiss Realty Co represented both the Developer, First Hartford Realty Corporation and the Landlord ,Berkeley Development Company, L.P., a family owned limited partnership during the negotiations.
This is the second Long Term Ground lease Weiss Realty Co has negotiated on behalf of First Hartford Realty Corporation for CVS Pharmacy. Previously, Mathew Weiss was the Broker who negotiated a lease for a 13,000 SF, Drive Thru Pharmacy Store on a 1.88 acre property located at 80 Piermont Road in Cresskill, NJ