A recent lease arranged by Kislak Commercial Real Estate Services Inc. will bring a new Brooks Brothers store to downtown Red Bank.
The iconic retailer will occupy 5,252 square feet of storefront retail along the Monmouth County municipality’s main drag at 32-34 Broad St. The commercial sales and leasing affiliate of Woodbridge-based The Kislak Co. Inc. announced the transaction April 7.
Executive Vice President Peter Wisniewski and Sales and Leasing Associate Matt LoBocchiaro handled the assignment on behalf of the unnamed landlord. Kislak co-brokered the transaction with RIPCO Real Estate Executive Vice President Patricia AmecAngelo and CBRE Executive Vice President Rémy deVarenne, who represented Brooks Brothers.
The new store offers dedicated on-site parking in the rear, along with additional parking in a neighboring municipal lot. The downtown space has remained vacant since Chase shut its doors there during the pandemic.
LoBocchiaro said Brooks Brothers “represents the caliber of tenant that downtown Red Bank deserves. We are confident that their arrival will attract even more premier tenants to the downtown.”
The shopping scene in Red Bank already includes Tiffany & Co., Urban Outfitters, Garmany and others. Additionally, dining – ranging from upscale to grab-and-go options – and entertainment, like The Count Basie Center for the Arts, are plentiful.
American luxury brand Brooks Brothers holds distinction as the oldest continually operating retailer in the U.S. This new Monmouth County location marks a return to the area following the brand’s recent closure at The Grove in Shrewsbury. Across the state, Brooks Brothers has eight stores.
A big deal
Red Bank Mayor William Portman said Brooks Brothers’ downtown presence “not only strengthens our vibrant retail community but also draws even more attention to the unique shopping and dining experiences we offer. Brooks Brothers’ tenancy is a testament to the growth and appeal of Red Bank, and we’re confident it will have a positive impact on both the local economy and our residents’ experience in the heart of our town.”
Mairin Bennet, executive director of the nonprofit Red Bank RiverCenter, said the opening “is a significant addition to our efforts at the Red Bank RiverCenter to cultivate a vibrant, diverse, and sustainable downtown.” She added the new retailer will draw more visitors, thus contributing to the experience and economic vitality of Red Bank.
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