"The center is in a densely populated area with highly affluent shoppers," says Dovid Spector, director of retail leasing for the Purchase, NY-based NRDC. "L.A. Boxing is a well-known brand with an aggressive expansion strategy."

Located at the intersection of Broad Street--Route 35--and Shrewsbury Avenue in this Monmouth County community, Shrewsbury Plaza is anchored by Marshalls, an Acme supermarket, A.C. Moore and Linens N Things. Terms of the L.A. Boxing deal were not released. The shopping center is currently listed with two availabilities totaling approximately 3,900 sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.