Retail vacancies are rising across South Jersey as ripple effects of Covid-19 continue to grow nearly a year after the pandemic first hit the region. A new report from Wolf Commercial Real Estate on the South Jersey market found that Burlington County’s retail vacancy rate jumped to 10% in the fourth quarter, up from 7.6%… Read more »
Wolf Commercial Real Estate, the foremost South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now is offering premier South Jersey retail space for sale at 101 Red Lion Road Southampton NJ. This South Jersey retail building for sale has been in operation since 1923 as… Read more »
West Palm Beach, FL, Jan. 07, 2021 (GLOBE NEWSWIRE) — Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the acquisition of Mill Pond Village, a grocery-anchored property located in Sewell, NJ, an affluent suburb approximately 14 miles from downtown Philadelphia. Mill Pond Village is a 94,550-square-foot, 95% occupied shopping center anchored by a… Read more »
German supermarket chain Lidl bought a nearly 4-acre site in Camden County for $2.85 million as it continues its South Jersey expansion, although a timeline for the project is unclear. Public records show Lidl’s U.S. operation, based in Arlington, Virginia, purchased the vacant land at the corner of Evergreen Avenue and the White Horse Pike… Read more »
Target is set to open a new 101,000-square-foot store within the Somers Point Plaza shopping center in Somers Point, New Jersey. The national retailer will be taking the former Kmart space within the South Jersey shopping center. The Kmart store closed last year when parent company Sears Holdings closed four additional stores across the Garden… Read more »
Wolf Commercial Real Estate, the leading South Jersey commercial real estate brokerage firm with expertise in South Jersey commercial real estate listings and services now has available mixed-use South Jersey retail space for sale at 422 West Broad Street Gibbstown NJ. This South Jersey retail space for sale is ideal for use as a flex… Read more »
New Jersey-Based Off-Price Retailer Sees Opportunities Created by Pandemic Contrary to many other retailers, off-price chain Burlington Stores, citing opportunities created by the coronavirus pandemic, still plans to “aggressively expand” its brick-and-mortar fleet. The Burlington, New Jersey-based company Thursday said it now expects to open 62 new stores, while relocating or closing 26 stores, for a… Read more »
Wolf Commercial Real Estate, the foremost South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now is offering premier South Jersey retail space for lease at 3655 South Delsea Drive Vineland NJ. Formerly a Friendly’s Restaurant, this South Jersey retail building for lease has a liquor… Read more »
Wolf Commercial Real Estate, the leading South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering premier South Jersey retail space for lease in Atlantic County at 1103 Tilton Road Northfield NJ. Formerly a Friendly’s restaurant, this South Jersey retail space for lease is… Read more »
As the retail sector faces its Covid-19 reckoning, a mixed-use project that’s nearing completion in South Jersey is changing plans. Developers behind the Washington Square Town Center — a long-in-the-works residential and commercial project spread across 35 acres in Washington Township, Gloucester County — already completed the construction of a 40,000-square-foot anchor building leased to the Rothman… Read more »
