A rendering of a repositioned big-box space at Seaview Square complex in Ocean Township — Courtesy: R.J. Brunelli & Co.
By Joshua Burd
The owner of a 775,000-square-foot power center in Monmouth County has tapped R.J. Brunelli & Co. to help it backfill part of a former Sears building.
The retail brokerage said it was marketing 93,000 square feet at the two-story property on Route 66, part of the Seaview Square complex in Ocean Township. The available space is on the building’s top floor, as a new At Home store is now under construction on the lower level.
Prospective tenants would join a host of major retailers at Seaview Square, including Costco, Target, Burlington, Big Lots, Sky Zone and Pet Smart. The upper-level Sears space can be subdivided into units as small as 25,000 square feet, the brokerage said, calling it ideal for concepts such as entertainment, grocery, sporting goods, flooring, household goods and medical.
The site, which has direct access to Route 35, also has at-grade parking for 500 cars.
“With the Garden State Parkway just minutes west on Route 66, Seaview Square additionally draws shoppers from well beyond its primary market, including daytime and overnight visitors to nearby Jersey Shore towns,” said Ron DeLuca, principal and CEO of R.J. Brunelli. “The site has long been a regional shopping destination and is at the hub of an area that includes such nearby retailers as Wegman’s, ShopRite, Kohl’s, BJ’s and Raymour & Flanigan.”
Located at 1000 Route 66, the center is also home to side-by-side locations of Homegoods, Marshalls, Home Sense and Sierra Trading Post. Marshalls and Homegoods are in the process of relocating to Seaview Square from a nearby site, leading to what would be one of the few locations in the country to house four TJX Cos. brands.
