Lowe's Expands with South Jersey Site

LITTLE EGG HARBOR, NJ-Fast-growing home improvement chain deepens its NJ activity with new unit near Atlantic City.

By Eric Peterson | Updated on September 21, 2000

LITTLE EGG HARBOR, NJ-With all of the talk about the fast-growing, big-box retail chains that have taken New Jersey by storm in the current economic boom, most are well-known–Wal-Mart, Target, Kohl’s–and the like. Not as well known but just as aggressive is Lowe’s Home Improvement Stores, based in North Wilkesboro, NC. While it’s one of the country’s largest retail chains, it wasn’t a household name in NJ–until now.

Indeed, Lowe’s has become a major direct competitor for Home Depot in NJ; the company’s latest store will be in Little Egg Harbor, NJ, not far from Atlantic City, where it has acquired a 24-acre site with plans to build a mammoth 160,000-sf store.

Harold Wien, senior vice president of NAI/Eric Bram & Co., based in East Brunswick, NJ, brokered the land sale.

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