Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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

EATONTOWN, NJ-The owners of Monmouth Mall, a 1.5-million-sf enclosed shopping center, have filed a proposal with the local planning board to add 80,000 sf of new space to the complex. Those plans call for four freestanding buildings on pad sites along the two highways fronting the 100-acre property, Routes 35 and 36.

According to a published report, the proposal calls for a 50,000-sf, two-story Dick’s Sporting Goods and three smaller buildings that would be occupied by a combination of banks and restaurants. Planning board officials confirm the general site plan, but officials of both the mall and Dick’s have declined comment. Monmouth Mall is owned by a partnership made up of Vornado Realty Trust, Paramus, the Kushner Cos. of Florham Park and the New York-based Ashkenazy Investment Co.

Originally opened in 1960 as an open-air shopping center, Monmouth Mall was expanded and enclosed in the mid-’70s, and renovated and expanded again in the mid-’90s. Acquired by its current owners for $165 million in 2002, it has a total of more than 100 stores, including anchor tenants Macy’s, Lord & Taylor, JC Penney and Boscov’s.

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?



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
Live Chat

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