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Wayne retail center at full occupancy after deal with gymnastics school, CBRE says

By August 7, 2019 No Comments

A children’s gymnastics business has leased 2,650 square feet at a Wayne shopping center, bringing the 30,000-square-foot property to full occupancy.

CBRE represented both parties in the lease at 132-172 Mountainview Blvd., or The Shoppes at Mountainview Station, where Tumble Zone has taken the space alongside Dollar Tree and other tenants. The operator will use the new location to offer classes and skills training for tumbling, Acro, bars, high beam and airtrack.

CBRE Vice President Patti AmecAngelo serves as the leasing agent for the landlord, Mountainview Capital LLC, which is an affiliate of BSG Management Co. of North Bergen.

“Repositioning this center has been a fun experience and we are thankful to Patti for helping us get the right mix of great tenants for this project,” said Raymond Eshaghoff, president of BSG Management.

Mountainview Capital purchased the shopping center in 2013 and subsequently committed to capital improvements and upgrades, according to a news release. The center was 75 percent vacant at the time, prompting ownership to hire AmecAngelo.

“The success of The Shoppes at Mountainview Station is undeniable given that we were able to work closely with the ownership and the brokerage community to attract some of the best retailers in the market,” AmecAngelo said. “In addition to Tumble Zone, we initially brought in DollarTree, as well as Terrain Fitness and THE MAX Challenge. The most recent commitment is the final piece of the puzzle and brings this shopping center to full occupancy.”

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