Premier Retail commercial real estate news, analysis, trends and information including shopping centers, malls, strip centers, big boxes, mixed-use, grocery, neighborhood and high-street segments deals and players.
Due to the recent Highway 146 expansion resulting in many businesses being displaced, a long-time tenant was forced to move its Seabrook location and is now leasing space at Seabrook Center on NASA Parkway.
CBRE's new space within Westfield UTC provides great access to amenities such as hundreds of world-class retail stores and restaurants, but the perception about access to parking is a big hurdle to get over, Carrie Bobb tells GlobeSt.com.
There were approximately 421,113 square feet of new leases and renewals executed in Burlington, Camden and Gloucester Counties, an increase of about 6.6 percent compared with the previous quarter.
A private investment company snatches up the 105,636-square-foot shopping center at 110-130 W. Imperial Hwy. here, which had recently undergone a repositioning—further proof of this submarket's resurgence.
Federal Realty owns nine properties in the area and Brennan will be charged with overseeing development for those properties, as well as source new deals for the firm in the tri-state region.