WOODBRIDGE, NJ—A 23,000-square-foot expansion at St. Georges Crossing in Woodbridge will house a new T.J.Maxx, which has signed on to join the tenant roster at the fully leased shopping center on St. Georges Avenue. Retail real estate services firm Levin Management, as managing and leasing agent, will construct a free-standing building for the popular fashion department store, bringing the property's GLA to 340,000 square feet.
The T.J.Maxx store will be developed on a recently acquired parcel that sits adjacent to the original St. Georges Crossing site. “Tying this underutilized property into St. Georges Crossing made a lot of sense,” says Matthew K. Harding, Levin's president. “With escalating demand for quality retail locations and limited land for new development in the regional market, we took advantage of a great opportunity to bring an additional anchor to the shopping center.”
Levin arranged the off-market land purchase, secured the T.J.Maxx lease and obtained site plan approval for the new building.
“This assignment illustrates how our firm's in-house capabilities – in this case leasing, legal and construction – collaborate on complex projects,” says Harding. “It also reflects our ongoing effort to elevate and maximize competitive positioning for our clients' properties. Tenant mix is a big part of that effort, and adding a credit fashion anchor like T.J.Maxx is a real win for St. Georges Crossing.”
Anchored by ShopRite, other tenants at St. Georges Crossing include P.C. Richard & Son, PetSmart, Taco Bell, Bertucci's, Golf Galaxy, Pier 1 Imports, GameStop and Shannon Rose Irish Restaurant and Pub. Situated at the highly traveled intersection of Routes 1 & 9, the property serves a growing residential population of 346,493 within a five-mile radius.
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