X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For more retail coverage, click GlobeSt.com/RETAIL.

PISCATAWAY, NJ-Edgewood Properties, based here, has firmed up anchor commitments at two of its major shopping center projects in the Garden State. According to Joseph D. Morris, vice president of commercial leasing and marketing for Edgewood, Costco has signed on for a total of 143,000 sf to anchor the 288,245-sf Parkway 70 Plaza in Brick. The pending deal was announced in March.At the same time, Houlihan’s has signed a lease for just under 8,000 sf at Parkway 70 Plaza. The restaurant chain, reported late last year by GlobeSt.com to be in discussions with Edgewood, will be opening its first unit ever in Ocean County. Construction is expected to start later this spring for Parkway 70 Plaza, which sits along Brick’s border with Lakewood. Edgewood is targeting a summer of 2006 grand opening for the complex.Edgewood has also formally signed Wegmans Food Markets to 130,000 sf at the new Cherry Hill Towne Center in Cherry Hill, completing a transaction reported by GlobeSt.com in February. It will be Wegmans’ third store in South Jersey, joining units in Mt. Laurel and Princeton.Wegmans’ new location is part of the redevelopment of the former Garden State Park racetrack, a joint venture of Edgewood and JMP Holdings. Its two retail phases will include the 530,000-sf, under-construction Marketplace at Garden State Park, where Wegmans will be located, and Towne Place, a 200,000-sf lifestyle center. Both are part of a larger project encompassing one million sf of office space, nearly 1,700 luxury residential units and a 150-room hotel.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.