8A — February 23 - March 15, 2018 — Shopping Centers — M id A tlantic

Real Estate Journal


S hopping C enters

Multi-anchored retail center located in Shrewsbury, New Jersey Shoprite will join National Realty & Development Corp’s Shrewsbury Plaza


HREWSBURY, NJ — National Realty & Development Corp.

(NRDC) an- nounced con- struction has begun on a new Shop - Rite coming to Shrews - bury Plaza, the 225,000 s/f shopping

John Orrico

center located in Shrewsbury. Shrewsbury Plaza is a multi- anchored retail center located at the intersection of Rte. 35 and Shrewsbury Ave. Home Goods, Marshalls, AC Moore

Shrewsbury Plaza elevation

and Saks OFF 5TH currently occupy the shopping center. ShopRite will be built at the site of the former Shrewsbury

Business Center on Shrews- bury Ave. and when complete the new 77,100 s/f free-stand- ing store will integrate with

Shrewsbury Plaza through new connector drive aisles. ShopRite will serve the Mon- mouth County communities of

Shrewsbury, Rumson, Little Silver, Tinton Falls and Eaton- town. The store is expected to be open in late 2019. “We are delighted to bring a tenant of Shoprite’s quality to Shrewsbury Plaza. The support and feedback from the commu- nity to bring Shoprite to this project has been tremendous,” said John Orrico , president at NRDC. “I’m certain that Richard Saker and his team at Saker Shoprite will deliver an extraordinary grocery experi- ence to the community. We look forward to having them as part of Shrewsbury Plaza.” n NRDC promotes Lyss to managing director of real estate operations PURCHASE, NY — Na- tional Realty & Develop- ment Corp. (NRDC) has his career with NRDC in 2016 as the assistant direc- tor of property operations. In his new position, he will be working with the office of the president on special projects that include leasing, creating property operating efficien- cies, construction project re- view and reporting, financing and tech initiatives. “Harrison has distinguished himself as a teamplayer aiding in all units of the company,” said John Orrico , president at NRDC. “His work ethic and industry insight will continue to play a valuable role at our firm. We congratulate him on this well-earned promotion.” Prior to joining NRDC, Lyss worked as a property manager for GHP. n Harrison Lyss announced t ha t Har - rison Lyss h a s b e e n promoted to m a n a g i n g di rector of real estate operations. Lyss began

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