M id A tlantic Real Estate Journal — Retail Development Reimagined —December 23, 2022 - January 19, 2023 — 13A R etail D evelopment R eimagined West Deptford, NJ Center to be Revived with New Tenancies Vantage Commercial Inks Five Leases at Southwood Shopping Center
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HERRY HILL, NJ — Vantage Com- mercial lined up five new tenants for the highly anticipated redevelopment of Southwood Shopping Center. The brokerage sold the asset in 2021 to local investors with the intent to fill the center and breathe new life into the unde- rutilized units. Vantage Com- mercial, Vantage Property Management and new own- ership are working together on this asset. Corinne Giletto , director of client services, and Andrea Hannigan , property manager, are well positioned to lease up the remaining vacancies and maintain the integrity of the center. Leasing large anchor slots and in-line spaces to major users, including health care, service businesses, and restaurants, is the key to the redevelopment of the center. Ownership is posi- tioned to start remodeling the center in the next few months. The anticipation of the complete transformation of the center has aided in the signing of five new tenants. Modern exterior design concepts will increase the aes- thetic appeal of the center and its functionality. Renovations to include a new elevation for the façade, brick columns and crisp exterior colors. Gemelle Salon, Fruggie Too, Whit or Whitout sandwich shop, Certa Pro Painters, and Ivy Rehab are among the new tenants signed at the location. Gemelle Salon will occupy +/-2,500 s/f of retail space within the center. The interior is being transformed into an upscale salon that will provide its clients with the ultimate beauty experience. Fruggie Too occupies +/- 1,600 s/f of retail space within the courtyard section of the re- tail center. The juice, smoothie and health food store is fully operational and open for busi- ness. This location is their second franchise in Southern New Jersey and the company plans to expand into more centers statewide. Whit or Whitout will oc- cupy +/-1,200 s/f of second- generation restaurant space in the courtyard. The location at Southwood will be their first New Jersey based location. The cheesesteak shop offers handcrafted cheesesteaks and boasts that their ribeye is the differentiating factor in their spin on the classic Philly Cheese Steak.
Southwood Shopping Center rendering
Southwood Shopping Center aerial
ping Center because of its location within Gloucester County as the county contin- ues to experience exponential residential, commercial, and industrial growth. Ivy Rehab will occupy +/-
Certa Pro Painters occupies +/- 1,200 s/f of office space in the courtyard. Certa Pro is a professional painting fran- chise owned and operated by an experienced entrepreneur. They choose Southwood Shop-
2,500 s/f of retail/medical space in close proximity to the exist- ing Riverside Urgent Care. Ivy Rehab is a national provider of physical therapy services. Southwood Shopping Center was identified because of its
accessibility to all major sur- rounding markets via Rte. 45. The above-mentioned new ten- ants will join existing tenants, including Abbey Carpets, Fam- ily Dollar, Sherwin Williams and Old Towne Music. MAREJ
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