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Club Pilates and JAG Physical Therapy are joining the lineup at 1 Orient Way, a mixed-use development in downtown Rutherford.
The boutique fitness franchise committed to 3,250-square feet, while the comprehensive outpatient physical therapy company took 2,500-square feet, according to the property’s owner, Nutley-based Prism Capital Partners.
Owned by Xponential Fitness, the largest global franchise group of boutique fitness brands, Club Pilates offers low-impact, full-body Reformer Pilates-based workouts at its over 800 locations worldwide.
Bridgewater-based JAG has more than 140 locations across the region. It is one of the fastest-growing comprehensive physical and occupational therapy practices in the Northeast.
Deb Stone of Rico, Prism’s exclusive retail leasing agent for 1 Orient Way, brokered both long-term leases.
Located in downtown Rutherford, 1 Orient Way features a 14,000-square-foot ground floor retail component topped by four stories of luxury condominium homes. Oher retail occupants include Avis car rental and The UPS Store.
Jon Hoff, president of Prism Property Services, said the firm is thrilled to welcome such “established, value-add tenants” like Club Pilates and JAG to the property.
“Ripco has done a tremendous job of bringing new uses to the building, to the advantage of the entire neighborhood. These businesses and service providers, in turn, benefit from an in-place residential population and highly visible downtown location,” said Hoff.
He also noted the building’s two remaining availabilities: a 1,500-square-foot unit and a 4,200-square-foot divisible space. According to Hoff, both offer exceptional leasing opportunities for retail, restaurant and medical users.
Words of wisdom
NJBIZ recently sat down with John Gallucci Jr., president and CEO of JAG Physical Therapy, to talk about his new book, his journey, the business, what’s next and more. Click here to read his business advice.
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