June 2024

R etail D evelopment R eimagined

M id A tlantic Real Estate Journal — Retail Development Reimagined — June 2024 — 5A

www.marej.com

Michael Horne of Ripco Real Estate, LLC represents tenant Welco Realty brings Boot Barn to Northern NJ with 20,000 s/f lease at 450 Rte. 17 North, Paramus

P ARAMUS, NJ — Jerry Welkis , presi- dent of Welco Realty

“We were very excited to be able to bring Boot Barn, a prominent boot & shoe retailer to Northern, New Jersey, said Welkis. Our clients, Linda & George Yiannou , are excited to have Boot Barn as their new tenant and feel they will be very complimentary to the ad- joining tenant, DXL Clothing.” Boot Barn started out in 1978 supporting the western lifestyle exclusively and have expanded their brands with all their customers and their various lifestyles in mind. Boot Barn serves the iconic American cowboy, from the ranch to the rodeo arena. Boot Barn Work supports

the American worker, from the oil & gas industry to agriculture. Boot Barn Just Country serves the avid out- doorsman and thrill seeker, from hunters and anglers to those who run on pure adrenaline and grit. Won- derwest by Boot Barn caters to fashion enthusiasts who are drawn to the fusion of women’s mainstream and western-inspired pieces. Boot Barn Commercial Ac- counts supports businesses and their workers nation- wide with large quantity purchases, a customized program, and a one-source nationwide supplier. MAREJ

represented the land- lord, Para- mus, New Jersey Roll- er Skating Arena, Inc. in the leas- ing of 20,000 s/f to Boot Barn locat-

Jerry Welkis

ed at 450 Route 17 North, Paramus. Michael Horne, Ripco Real Estate, LLC represented the tenant. This will be their first store in Bergen County.

Boot Barn

PREIT unveils roster of new stores at Cherry Hill Mall

CHERRY HILL, NJ — Cherry Hill Mall, PREIT’s crown jewel, unveils a dy- namic roster of new stores and strategic lease signings, signaling ongoing growth and a commitment to providing top-tier shopping experi- ences. The mall, known for its rich history and status as a prime shopping hub, con- tinues to adapt to consumer trends by introducing brands that resonate with and excite today’s shoppers. New Stores and Opening Details: ● Alo Yoga: Known for promoting mindfulness and wellness through high-qual- ity, fashionable activewear and yoga-inspired lifestyle products, Alo Yoga plans to open for the 2024 Holiday Season. ● Kendra Scott: A favor - ite for unique jewelry and elegant accessories, open- ing anticipated for the 2024 Holiday Season. ● Dry Goods: Offering an array of on-trend women’s fashion and accessories, Dry Goods will be new to the Philadelphia market. ● Rowan: Specializing in a safe and modernized ear piercing experience, Rowan is expected to begin piercing in South Jersey in Spring 2025.

Cherry Hill Mall

● Signature Workspace: An innovative co-working space provider, expected to open its doors in Summer 2024, further solidifying the mall’s multi-uses dedicated to meet- ing needs beyond retail. The newly signed leases will cement the mall’s place as a regional destination for ex- ceptional style and outstand- ing cuisine, with expected openings filling the calendar throughout the upcoming

year. Cherry Hill Mall is look- ing forward to soon welcoming another dynamic dining desti- nation known for Asian fusion cuisine, Kooma Asian Fusion and Sushi Bar, at its first New Jersey location this sum- mer. Inspiration Co., which opened in April, is already welcoming customers to shop its inspirational bracelets. Vince Vizza , first vice president of leasing at PREIT, said, “We are thrilled to wel-

enclosed malls built on the East Coast of the US. The mall has a long-standing reputation as one of the out- standing retail properties in the metro Philadelphia market. The 1.35 million s/f center is situated on 85 acres on Route 38 in Southern NJ, about eight miles from Center City Philadelphia. It is easily accessible from Philadelphia by several major bridges and roadways. MAREJ

come these exceptional new brands to Cherry Hill Mall, reflecting our commitment to providing the highest quality shopping experience and our promise to evolve and adapt to ensure we meet the demands of our discerning shoppers, af- firming our position as a pre - mier shopping destination.” Cherry Hill Mall, a super- regional shopping center lo- cated in Cherry Hill, New Jersey, was one of the first

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