Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CINNAMINSON, NJ-Modell’s Sporting Goods has signed a lease for 18,000 sf of retail space at the Marketplace at Cinnaminson, a 340,000-sf power center here. Owner National Realty & Development Corp. of Purchase, NY was represented in-house by the company’s president, John Orrico.

The New York City-based Modell’s, which now numbers more than 135 stores, was represented in-house by Doug Epstein, and by Joshua Hansburger of Legend Properties, Conshohocken, PA. Terms were not released.

“The addition of Modell’s as a tenant adds to the diversity of retailers serving this project,” Orrico says. “This quality national tenant is an example of our ongoing efforts to attract a variety of the area’s best retailers.”

Located at 2501 Route 130 S., the Marketplace at Cinnaminson is anchored by Wal-Mart and Sam’s Club, and has a tenant roster that includes Fashion Bug, Petco, Dollar Tree and Payless ShoeSource. “A limited number of leasing opportunities are available,” Orrico says.

NRDC currently has four development and redevelopment projects that will add nearly 1.7 million sf to the company’s portfolio over the next two years. Two are in New Jersey–the 385,000-sf CooperTowne Plaza in Somerdale and the 240,000-sf Pohatcong Plaza II in Phillipsburg. The other two are a 300,000-sf redevelopment of a Lord & Taylor site in Stamford, CT and the 750,000-sf Westfield Pavilion in Westfield, MA.

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?


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.