Englewood, NJ, August 29, 2023 – Renowned 85°C Bakery Cafe, with more than 1,000 stores worldwide, is setting its sights on the U.S. East Coast. The Taiwanese bakery cafe that provides five-star quality at an affordable price has retained Katz & Associates for a U.S. East Coast expansion. Katz’s Amy Staats is representing 85°C Bakery Cafe for stores in New Jersey, New York, and Pennsylvania.
Staats, in conjunction with Master Broker CCP Real Estate Advisors’ Randall Dawson, just represented 85°C Bakery Cafe in a lease at Brace Road Station in Cherry Hill, New Jersey for a 2,700-square-foot store in a deal with Kimco, the landlord. It’s slated to open in Q2 2024. Staats is currently working on a number of additional leases, and is also seeking sites (3,500 +/- square feet) throughout NJ, NY, and PA.
“We identified the Brace Road Station center in Cherry Hill, NJ based on the market demographics and co-tenancy. Anchored by Hung Vuong Market with other cultural food options, this was an ideal opportunity,” shared Amy Staats, Vice President, Katz & Associates. “85°C Bakery Cafe does not currently have any drive thru restaurants open, but the opportunity to be freestanding in the center was attractive. While we typically look for end-cap or in-line 3,000 - 3,500-square-foot opportunities, we will consider all options if they make sense.”
85°C Bakery Cafe has over 1,000 stores worldwide, including Taiwan, China, Hong Kong, Cambodia, and Australia. In 2008, the first U.S. store opened in Irvine, CA and quickly became an overnight sensation. Current U.S. locations include cafes in: California, Washington, Oregon, Nevada, Utah, Texas, Hawaii, and Arizona. 85°C Bakery Cafe stands behind their passion to make every bite an enjoyable moment in your life. It began in 2003, when the founder of 85°C Bakery Cafe, Mr. Cheng-Hsueh Wu visited a cafe in a 5-star hotel. While enjoying gourmet pastries and drinks, he realized that the prices were set way too high for people to enjoy on a whim. From that moment, Mr. Wu has envisioned a cafe that provides premium coffee, bread, and cake at affordable prices. The name 85ºC comes from the idea that the perfect brewing temperature for espresso coffee is 85º Celsius. The name symbolizes their devotion to provide the highest quality to every guest. https://www.85cbakerycafe.com/
Katz & Associates began operations in January of 1996. The company currently maintains offices in New York City, Charlotte, Boca Raton, Nashville, New Jersey, Orlando, and Chicago. Katz & Associates’ primary focus is assisting retailers, restaurants and landlords in all capacities including strategic planning, market analysis, lease and sale negotiations and dispositions. Our team of seasoned veterans has decades of experience and invaluable market knowledge.