P.C. Richard has grown to well over 40 stores, and with thesigning of a lease for 38,000 sf at the St. Georges CrossingShopping Center here, its New Jersey roster now numbers 12. Theretailer is also adding to the center's comeback in the wake of theclosure a few years ago of discounter Caldor.

Management and leasing agent Levin Management Corp., NorthPlainfield, NJ, has taken the Caldor space and turned much of itinto expansion space for an expanded 91,000-sf ShopRitesupermarket. The P.C. Richard lease will complete the lease-up ofthe former Caldor space, although space formerly occupied byShopRite is still available.

Besides the re-leasing program, Levin has launched a physicalupgrade of the property, including a new facade, a resurfacedparking lot, and new lighting and landscaping. Other key tenantsinclude OfficeMax, PetSmart, Taco Bell, a Bertucci's restaurant,Funcoland and EyeDr.

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.