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New retail center reaches 100% occupancy in NJ.

Hekemian and Co., Inc. of Hackensack, a New Jersey-based real estate firm, announced that Compact Disc World, a regional chain of music stores, has leased the remaining 4,750 square feet at One Retail Plaza in Lawrence Township. The new retail center was 100 percent pre-leased.

The 27,600-square-foot retail center is located on Route 1 at the entrance of the 400,000-square-foot Mercer Mall and directly across from the 1.2 million-square-foot Quakerbridge Mall.

The new store will be Compact Disc World's seventh. The South Plainfield-based retailer says that it will offer more than 50,000 music titles - thousands more than any other location it now operates.

According to Hekemian affiliate, Crown IV Development Corporation, developers of the property, One Retail Plaza will open for business in time for the holiday rush. It will be anchored by Office Max, a national office supply chain owned primarily by K-Mart Corporation.
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Title Annotation:commercial space leased in Lawrence Township, New Jersey
Publication:Real Estate Weekly
Date:Nov 25, 1992
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