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Starbuck is Winick's cup of coffee in leases.


Winick Realty Group executive vice president Cory Zelnik announced that Winick Realty Group has recently closed three Starbucks Coffee deals alongside Northern New Jersey's highly trafficked commuter highway network.

The three deals included a freestanding free·stand·ing  
adj.
Standing or operating independently of anything else: a freestanding bell tower; a freestanding maternity clinic.
 Starbucks retail site on Route 9 in Manalapan, an island site on Route 22 in Union and a Starbucks/Blockbuster joint-retail site on Route 35 in Oakhurst.

Winick serves as the exclusive retail broker for Starbucks/New Jersey, and according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Dan Spector, who facilitated the three transactions for Winick, "Starbucks, once know as a 'downtown' retail chain, has become increasingly aware of commuter traffic Noun 1. commuter traffic - traffic created by people going to or returning from work
traffic - the aggregation of things (pedestrians or vehicles) coming and going in a particular locality during a specified period of time
 throughout Northern New Jersey. Commuter highway locations have now become a focus for the well-known coffee experts, and they have used the drive-through retail concept to serve morning commuters en route to work."

Route 9, Manalapan, New Jersey

Starbucks on Route 9 in Manalapan, New Jersey has signed a 10-year lease, taking over a former Shell site and redeveloping one of New Jersey's first freestanding, drive-through coffee houses within the high-growth Route 9 retail corridor. Its growing client base includes upscale neighboring neigh·bor  
n.
1. One who lives near or next to another.

2. A person, place, or thing adjacent to or located near another.

3. A fellow human.

4. Used as a form of familiar address.

v.
 residents as well as members of surrounding communities who commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment.  via Route 9.

Route 22, Union, New Jersey

On Route 22 in Union, New Jersey, Starbucks has secured a 10-year lease for an island retail site, allowing commuter access to those travelling both east and westbound in addition to north-south entry. Route 22 is now considered one of New Jersey's top five retail markets due to its proximity to New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 commuter traffic and its high-growth retail developments, which include new Target, Sears Hardware and Costco locations.

"Highway access from all directions is critical for a commuter Starbucks," commented Spector, "and the island site on Route 22 adds one more element of success to the already winning Starbucks retail equation."

Route 35, Oakhurst, New Jersey Oakhurst is a census-designated place and unincorporated area located within Ocean Township, in Monmouth County, New Jersey. As of the United States 2000 Census, the CDP population was 4,152.  

Winick Realty Group, which serves as the exclusive broker for both Starbucks/New Jersey and Blockbuster Video, developed a winning retail combination on Route 35 in Oakhurst, New Jersey, dividing a corner property, (a former Denny's restaurant site) between the entertainment and beverage retailers, thus allowing the two retailers to generate mutually beneficial Adj. 1. mutually beneficial - mutually dependent
interdependent, mutualist

dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture"
 retail traffic. The retail combination signed a 10-year lease and has also been successful as a result of different parking times and morning vs. evening traffic, spurring interest among Starbucks and Blockbuster in the possibility of developing other combination sites throughout New Jersey.
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Title Annotation:Winick Realty Group
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 17, 2000
Words:403
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