Ripco Real Estate announced that high-end resale boutique Greene Street will open its newest location at 408-410 Springfield Avenue in downtown Summit, New Jersey.
Greene Street, headquartered out of Wyncote, Pennsylvania, has a 20-year history of providing customers with mid-to-high-end labels at a fraction of standard retail prices.
The chain now has nine brick-and-mortar locations and more than 120 employees throughout the greater New Jersey and Philadelphia market. Summit will be the chain’s fourth New Jersey location following Princeton, Red Bank and Lambertville.
Ripco’s Alison Horbach brokered the 4,050 s/f lease on behalf of Greene Street and Newmark Associates represented the Landlord in the transaction.
Horbach is actively seeking additional locations of approximately three thousand square feet for the chain in Central and Northern New Jersey. Greene Street looks to locate in upscale lifestyle downtown communities and shopping centers.
“Summit has a vibrant downtown with a good mix of national and local apparel and furniture retailers that provide great co-tenancy for the chain. Summit has been a priority market. And we are confident that Greene Street will be well received by the community and customers,” said Horbach.