Hanover Crossroads, 110 East Hanover Ave., Cedar Knolls, NJ

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.

Continue Reading for Free

Register and gain access to:

  • 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.

Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].