Urban Edge Properties (NYSE:UE) today announced that World Market has signed a long-term lease at Bergen Town Center in Paramus, NJ for a ground level store facing the busy Route 4 corridor. The new 19,265 SF store joins HomeGoods, Marshalls, Burlington and Target, expanding the property’s selection of gifts and décor. Opening in 2024, the store will be the company’s first in Bergen County, located conveniently next to the property’s covered parking garage.
Launched near San Francisco’s famed Fisherman’s Wharf in 1958, World Market quickly became a destination for those who craved original and handmade items from around the world. Today, the company continues to search the world for unique artisan goods and handicrafts, international food favorites and design inspiration for furniture and home décor. The store includes a focus on value and affordability so that their products are accessible to anyone who wants to create a unique home environment.
“World Market is a terrific tenant to join the gift and home line-up at Bergen Town Center,” said Leigh Lyons, SVP of Leasing for Urban Edge. “A popular store of this size will draw new customers to the property where they’ll find many choices and complementary shops.”
Bergen Town Center is Bergen County’s choice for everyday needs. Generating more than 11 million visits annually, BTC delivers best-in-class essentials from tenants like Whole Foods, Target and CVS along with segment-leading, value shopping concepts like Nordstrom Rack, Saks Off 5th, Bloomingdale’s Outlet, Kohl’s and Marshalls. The addition of these exciting new concepts further complements the mix of tenants at BTC - Bergen County’s one-stop shopping destination.
Jeffrey S. Cohen, CBRE, represented World Market. Leigh Lyons handled the transaction in-house for Urban Edge Properties.
ABOUT WORLD MARKET
Since its beginnings on the docks of San Francisco’s famed Fisherman’s Wharf in 1959 World Market has sourced quality furniture, artisan décor, and food and beverage favorites from around the world. Our stores provide customers inspiration and solutions for decorating, entertaining and gift-giving year-round plus an unmatched holiday marketplace featuring traditional global sweets and unique ornaments and décor.
ABOUT URBAN EDGE PROPERTIES
Urban Edge Properties is a NYSE-listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. 76 properties totaling 17.1 million square feet of gross leasable area. For further information, please visit https://www.uedge.com.
