The Parke at Hamburg at 908-918 Hamburg Turnpike in Wayne — Courtesy: RIPCO Real Estate
By Joshua Burd
March Associates Construction has hired RIPCO Real Estate to manage its recently built, 50,000-square-foot retail center in Wayne.
Known as The Parke at Hamburg, the property at 908-918 Hamburg Turnpike is home to tenants such as Trader Joe’s, Ulta Beauty, The Habit Burger and Panera Bread. The locally based builder and developer completed the property in 2020, bringing new life to a long-vacant, underused parcel along one of the town’s busiest retail corridors.
“This new assignment was awarded to RIPCO Management by an existing client in New Jersey and is representative of RIPCO Management’s growth and expansion strategy into New Jersey markets,” said Kali Valenzuela, a vice president of business development and client services with the firm, noting that The Parke at Hamburg has high-performing anchor tenants with extremely strong traffic and consumer activity.