Pagano Company Announces Carter’s Lease Renewal Amid Challenging Retail Climate
Wayne, NJ — December, 2025 At a time when many national retailers are reducing footprints or closing locations, Pagano Company is proud to announce that Carter’s, the leading brand of children’s apparel, has renewed its lease at the well established retail property managed by Pagano Company at 1595-1659 Route 23 South, Wayne NJ.
The renewal underscores both the strength of the location and the continued commitment Pagano Company makes to keeping its properties modern, attractive, and impeccably maintained, a strategy that has consistently supported tenant success even in a shifting retail environment.
“We’re thrilled to continue our relationship with Carter’s,” said Rick Pagano, Principal at Pagano Company. “In a market where retailers are being more selective than ever, their decision to stay is a meaningful endorsement of our hands on management approach and ongoing investment in property quality.”
Pagano Company has overseen a series of proactive improvements to the center, including updated façades, enhanced lighting, refreshed landscaping, and regular capital upgrades that ensure the property remains competitive and inviting to shoppers. These efforts, paired with responsive management and strong tenant relationships, have created a stable environment where retailers can thrive.
Carter’s renewal reflects the company’s confidence not only in the location’s performance but also in Pagano Company’s dedication to preserving long-term property value and supporting tenants at every stage of their business. “As the retail landscape evolves, we’re committed to maintaining spaces that meet modern expectations and help our tenants succeed,” Pagano added. “We’re grateful for Carter’s continued partnership and excited to support their ongoing success at this location.”
About Pagano Company
For more than 65 years, Pagano Company has provided commercial real estate brokerage, property management, and construction management services across Glen Rock, Fair Lawn, Paramus, Bergen County, and Northern New Jersey. As a third-generation, family-owned firm, Pagano Company is committed to integrity, expertise, and long-term client success.
📞 Contact us at (201) 261-5200 or email brokers@paganoco.com to learn more about our property management solutions in Bergen County, NJ.
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