CEDAR KNOLLS, NJ—Recent openings by AutoZone, QuickChek and MedExpress Urgent Care, the first tenants at Hanover Crossroads in Cedar Knolls, NJ, mark a significant milestone for the new shopping center. Additional leases this spring by T.J. Maxx, HomeGoods, Five Below and ULTA Beauty have further enhanced the property's mix of high-profile national retailers.
Currently under development by Teaneck, NJ-based Key Properties, the 107,000-square-foot shopping center is revitalizing a key Morris County commercial corridor. The project is nearly 80-percent leased, with several additional tenant announcements expected in the coming weeks.
Located at 110 East Hanover Ave., at the signalized intersection of Ridgedale and East Hanover avenues, Hanover Crossroads is situated on the former site of Berlex Laboratories. The designated brownfield property sat fallow for years as many potential uses were explored and development-related issues resolved. The municipality, rezoned the site from office/laboratory to retail use in 2010.
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