Moorestown Mall, Moorestown, NJ
MOORESTOWN, NJ—PREIT has completed key leases at the former Macy's box at Moorestown Mall, executing a lease with Michaels, which will occupy 25,000 square feet of space, offering arts, crafts, framing, floral, wall décor and seasonal merchandise for do-it-yourselfers. Michaels joins HomeSense, Five Below and Sierra Trading Post in the former Macy's location, creating a diverse and compelling retail mix reflective of the new mall platform. Michaels is expected to open in late 2019, marking another milestone in redefining the property experience.
“The changes we have made at Moorestown Mall are reflective of our efforts to create diverse retail and social experiences at our properties, transforming the mall model,” says Joseph Coradino, CEO of PREIT. “The continued remerchandising and strengthening of our properties lay a foundation that will satisfy the demands of the community and set the stage for continued growth.”
Complementing the recently opened anchor stores are new dining experiences: Hash House A Go Go and Joe Italiano's Maplewood. The new-to-market tenants will complement the existing dining options and further support PREIT's efforts to reimagine the mall experience and provide a variety of experiential options for shoppers.
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