RKF, the country’s leading independent real estate firm that specializes in retail leasing, announced this week that it arranged a 5,000 sq. ft. lease with CoolVines, an upscale wine store. RKF Senior Managing Director Glenn Beyer and Senior Associate Robert Mackowski arranged the lease and represented both the tenant and the landlord, Millcreek Residential, in the transaction. CoolVines is a boutique shop that was founded on the principle that anyone should be able to shop for high-quality wines and spirits without feeling overwhelmed by the process.
This will be the chain’s second store in Jersey City and will be located in the Modera Lofts at 350 Warren Street. The Modera Lofts is a 500,000 sq. ft. former warehouse built in 1904 that was recently converted into a residential building with 366 units.
Located in Jersey City’s Powerhouse Arts District, CoolVines will be conveniently close to both the Grove Street PATH station and the Hudson-Bergen Light Rail station. The Powerhouse Arts District has experienced a tremendous amount of revitalization in recent years. Other retailers that have recently opened businesses there include Hidden Grounds, Ample Hills Creamery, and Jimmy Johns.