The troubled Moorestown Mall should be designated an “area in need of redevelopment,” the township Planning Board voted unanimously Thursday night. That legal designation would open the possibility of property tax breaks for mall owner Pennsylvania Real Estate Investment Trust (PREIT) or others developing and improving the site. PREIT on January 11 announced it plans for as many… Read more »
When Moorestown Mall was a month from opening, the builder predicted the project at Route 38 and Lenola Road embodied the future of retailing. The mall “sets a pattern for enclosed mall shopping centers for perhaps 25 years to come,” the president of realty firm Winston-Muss said in the Courier-Post in August 1963. That prediction… Read more »
PREIT, today announced that the Company will proceed with its plan to transform its properties into multi-use, sustainable districts with the execution of a rezoning agreement to allow for the addition of up to 1,065 multifamily units and a hotel at Moorestown Mall. Together, with plans to add several thousand units across its portfolio through the… Read more »
A South Jersey shopping plaza has sold for $5.4 million in a deal that shows both the strength of the busy “3M” market in South Jersey and its influence on neighboring towns. Universal Building & Construction Inc. acquired the 23,228-square-foot Bridgeboro Shopping Center at 80-88 Hartford Road. The shopping center is located within the boundaries… Read more »
Wolf Commercial Real Estate is the trusted advisor that clients turn to for all their Moorestown retail space needs. The team at our Moorestown commercial real estate broker represents buyers, sellers, owners and tenants in the Moorestown commercial real estate market. We are the unparalleled experts in retail space in Moorestown and we take the… Read more »
