Shop-Rite to Anchor Retail at 2,400-Acre Old Bridge, NJ, Mixed-Use Development

Plan for The Oaks at Glenwood, Brunetti Organization’s mixed use development in Old Bridge, NJ

OLD BRIDGE, NJ — Shop-Rite has signed on as the anchor retail tenant at the soon-to-be-developed 2,400-acre mixed-use town center development, The Oaks at Glenwood , in Old Bridge, NJ, The Brunetti Organization says. Construction on the 90,000 square-foot grocery supercenter is set to begin almost immediately, with occupancy of the Shop-Rite and other retail tenants scheduled for summer 2017.  Brunetti expects the Shop-Rite lease to encourage other well-known retail tenants to make commitments in the project. “We have been receiving a tremendous amount of interest from a wide rage if retailers in a variety of categories,” says John Brunetti Jr., vice president of The Brunetti Organization . “Old Bridge is known as one of Central New Jersey’s premier communities, but it is currently underserved from a retail standpoint.  Everything points to success for retailers who choose The Oaks at Glenwood .” When completed, the development will feature 2,000 residential units and more than 500,000 square feet of retail space.  A prime retail site located at the corner of Route 9 South and Schulmeister Road , The Oaks at Glenwood features convenient access to both the NJ Turnpike and Garden State Parkway. Having already completed a substantial amount of the site work and infrastructure improvements at the site, The Brunetti Organization will start construction upon completion of the connection of utilities.  Brunetti is currently offering pad sites and junior anchor positions in addition to strip locations for lease at The Oaks at Glenwood . The Goldstein Group of Paramus, NJ is the exclusive leasing agent for the retail portion of The Oaks at Glenwood .