X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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

BARNEGAT, NJ-The 650,000-sf retail component of the Stafford Park mixed-use development will be leased exclusively by Metro Commercial Real Estate. With Target established as a main anchor, three anchor positions, eight mid-sized retail tenants and a dozen boutiques and restaurants are needed to fill the park.

The residential/retail complex, to be built on the current site of the Stafford Business Park by the locally based Walters Group, will have 565 age-restricted residential units, 110 affordable housing units and 25,000 sf of office space. A village center separate from the retail component will have an addition 70,000 sf of retail and restaurants. A recreation component includes a 66,000-sf ice skating rink.

“There’s a tremendous amount of interest in the project from national, regional and local tenants,” says Daniel Brickner of Metro Commercial’s Pennsylvania office in Conshohocken. “We’re currently in negotiation with a variety of retail uses including electronics, books, apparel, sporting goods and restaurants.”

Brickner and Thomas Londres from Metro Commercial’s South Jersey office will handle the account.

Walters just completed the acquisition of the former landfill site earlier in the month, as reported by GlobeSt.com. Traffic improvements will be made in January.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and 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 © 2020 ALM Media Properties, LLC. All Rights Reserved.