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New Locations Totaling 47,000 SF Mark Franchise’s Continued Expansion into N.J. and N.Y.

East Rutherford, NJ, March 10, 2020 – Cushman & Wakefield announced it has inked five new leases for Phenix Salon Suites in New Jersey and New York, totaling approximately 47,000 square feet. David Townes, of the commercial real estate service firm’s retail team, brokered the long-term leases for the properties. Townes serves as exclusive leasing agent in the New York Metropolitan Area for the franchise, which has over 300 locations nationwide and is rapidly expanding throughout the tri-state area.

The recent transactions include New Jersey locations at the Morris Hills Shopping Center, 3035 US 46 in Parsippany (5,100 square feet with Alana Friedman) and Woodbridge Crossing, 465 Greene Street in Woodbridge (5,642 square feet with James Aug of Sabre). This brings the total number of Phenix Salon Suites in the Garden State to six.

The three New York locations include:

  • 165-10 Archer Avenue in Jamaica (7,234 square feet)
  • 30-30 Northern Boulevard in Long Island City (14,300 square feet, with Cushman & Wakefield broker Joseph Grotto representing the landlord, Alma Realty)
  • 650 Stewart Avenue in Garden City (14,772 square feet)

“Phenix Salon Suites is the leading salon suite franchise in the industry, offering distinctive co-working space for entrepreneurial beauty, health and wellness professionals,” said Townes. “This forward-thinking concept is disrupting the traditional salon business and contributing to the company’s rapid growth, both in our region and nationally. Phenix continues to seek prime locations in New York, New Jersey and Connecticut to meet ongoing demand in the thriving personal services industry.”

Founded in 2007 by a family with deep ties to the salon industry, Phenix Salon Suites fosters a unique culture focused on supporting the success of the individual professional. The award-winning company has been named to Entrepreneur Magazine’s Top 500 Franchise list for six consecutive years.

Cushman & Wakefield’s retail team provides comprehensive, integrated real estate services for retail occupiers, landlords and investors – marketing properties, aligning brands to opportunities and providing clients with intelligence for smart decision-making. This includes serving as strategic advisors for tenants, whether they have a single request or require a full market entry plan, and as long-term partners for owners looking to market and tenant their properties for maximum performance. The team currently represents more than 1 million square feet of retail space throughout the region.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

Media Contact:
Karen Ravensbergen/Emily Visco
Caryl Communications
201-796-7788
karen@caryl.com/ emily@caryl.com