475 Haddonfield Road in Cherry Hill — Courtesy: Doren Development
By Joshua Burd
Doren Development has expanded its footprint in southern New Jersey with the addition of a Fulton Bank branch in Cherry Hill, the firm announced this week.
The company, which is based in Passaic, acquired the property at 475 Haddonfield Road in a transaction with a private seller. The deal provides it with a presence along a key thoroughfare and between two of the township’s major retail destinations.
Terms were not disclosed.
“We’re proud to add the Fulton Bank branch at 475 Haddonfield Road to our growing portfolio,” said Rick Doren, president of Doren Development. “This operating location sits in a premier corridor between Cherry Hill Mall and Towne Place at Garden State Park, surrounded by some of South Jersey’s strongest retail activity and traffic counts exceeding 38,000 vehicles per day. It’s an ideal fit for our long-term investment strategy.”
