Mercedes Drive, Borough of Montvale, Bergen County NJ
As exclusive retail marketing and leasing agent, SRM is extremely pleased to announce that North Market is under construction with delivery projected December 2020. This 33-acre mixed-use development is another exciting project by owner / developer The S. Hekemian Group situated on the former headquarters of Mercedes-Benz USA. North Market is adjacent The Farm, a 231,000 SF lifestyle center leased and managed by SRM and featuring Bergen County’s first Wegmans supermarket with numerous national retailers such as Starbucks, Ulta, Chipotle, First Watch restaurant, AT&T, Chase Bank, Lululemon, Orange Theory among others.
North Market will consist of approximately 68,000 SF of retail, 308 residential units and up to 91,300 SF of office space where a major NJ law firm has signed an office lease for 20,000 SF in Building 2. This premier mixed-use redevelopment will include Bergen County’s first-of-its-kind luxury boutique hotel – Tapestry by Hilton – with 135 rooms. The entire complex is surrounded by many Class A retail and fortune 500 companies such as BMW, Sony, Sharp, Lifetime Fitness and Memorial Sloan Kettering and more. Stay tuned for further updates on this much anticipated development.
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SILBERT REALTY & MANAGEMENT CO. INC.