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Edgewood Properties has announced

Edgewood Properties has announced that it has leased a combined 150,892 s/f of retail space at the new Parkway 70 Plaza in Brick, N.J. Costco has signed a lease to occupy 143,000 s/f and Houlihan's will occupy 7,892 s/f at Parkway 70 Plaza.

The 288,245 s/f retail space is being developed adjacent to the bustling Lakewood-Brick border. Construction is expected to commence this spring and conclude in the summer of 2006.
Costco will be relocating to Parkway 70 Plaza from its existing location at Route 88 and 70, while Houlihan's will be opening its first restaurant ever in Ocean county as part of its aggressive ongoing expansion within the state of New Jersey.

Joseph D. Morris, vice president of commercial leasing and marketing of Edgewood Properties, commented, "We are excited to welcome Costco and Houlihan's to Parkway 70 Plaza. Brick is currently one of the hottest retail markets in New Jersey and retailers and restaurants alike will be well-served by this landmark project.

These new lease signings with Costco and Houlihan's reflect Edgewood's strong commitment to bring the finest retailers to the communities where we invest and develop and we are looking forward to future announcements of similar caliber tenants for this development and other projects as well."


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