M id A tlantic Real Estate Journal — Southern New Jersey — October 2023 — 9B
www.marej.com
S outhern N ew J ersey
Project phases, including three industrial buildings and 30 acres of retail space The Ferber Company unveils redevelopment project aimed at revitalizing former mall site B
on construction of Phase 1 of the project, with many of the tenants projected to open De- cember 2023 and are hoping to confirm a possible medical office, dual branded hotel, and/or fitness center for Phase 2.” Hollander confirmed ten - ants for Phase 1 will include Raising Cane’s, Panera Bread, Freddy’s Frozen Custard & Steakburgers, Discount Tire and Sleep Number. Township Officials agree this will be a win for the com- munity with the first retailers being open for business by the end of 2023. MAREJ
URLINGTON TWP, NJ — The Ferber Company (Ferber) , a privately held real estate development and investment company with its region- al headquarters in Basking Ridge, announced The Shops at The Crossings (The Cross- ings). The Crossings will oc - cupy a portion of the previous site known as the Burlington Center Mall. Located along Route 541 (Burlington Mt. Holly Road) between nearby major roadways, I-295 and the NJ Turnpike, a total of 30+/- acres will be developed in Phases to include three industrial buildings total- ing 1.9 million s/f developed by the lead developer, MRP Industrial , and 30 acres of retail which will be called The Shops at The Crossings. The mall property, origi- nally built in 1982, officially became vacant in 2018 after the last tenant, Sears, closed its doors. Township officials quickly collaborated on how to create a mixed-use de- velopment to improve the underutilized area for future use, approving the plans and demolishing the old structure in 2021. With sitework underway, vice president and retail de - velopment lead, Justin Hol- lander , is looking forward to what the redevelopment will bring to residents in the area. “We are currently working Davis PT & Sports Rehab Hosts Ribbon-Cutting MEDFORD, NJ — Davis Physical Therapy and Sports Rehab (Davis PTSR) will host an open house on Thursday, October 26th from 7:00 p.m. to 9:00 p.m. at its newly opened and expanded facility at 338 Stokes Rd. in Medford. The free event is open to the public and will follow an official ribbon- cutting with Medford Twp. Mayor Charles "Chuck" Wat - son, Senator Jean Stanfield, Assemblyman Brandon Zumba and other guests. The new 5,000 s/f state-of- the-art facility features three evaluation rooms and other treatment areas to support Davis PTSR’s ACL and spine programs as well as concussion recovery, clinical education and sports psychology. MAREJ
Aerial view of Ferber Company project, The Shops at the Crossings, Burlington Township, NJ.
UPCOMING EVENTS 2024
JAN 2024
7TH ANNUAL NEW JERSEY HEALTHCARE & MEDICAL PROPERTIES CONFERENCE
FEB 2024
APR 2024 1ST ANNUAL SOUTHERN NJ CRE FORECAST - STATE OF THE MARKET 2024 - HOSTED BY MAREJ & BCSJ
2ND ANNUAL NJ CANNABIS & REAL ESTATE CONFERENCE - HOSTED BY MAREJ & IOREBA
Visit our Website for other Upcoming Events
WWW.MAREJ.COM
Made with FlippingBook - Online catalogs