A busy shopping center in Millville is nearing full occupancy after a series of recent leases by Irgang Group, an investment firm that acquired the property in late 2021.
A Five Guys location at Watchung’s Blue Star Shopping Center is under new ownership and has renegotiated its lease, according to Levin Management Corp., the leasing and managing agent for the 420,000-square-foot property on Route 22.
Restaurants have remained especially active among retail tenants, fueling nearly two dozen leases since the start of the pandemic at properties served by Levin Management Corp.
Developers say the future of retail is now on display in Roxbury, where Advance Realty Investors has transformed an aging, enclosed mall into a 450,000-square-foot, open-air destination with centralized parking and a new Walmart Supercenter as its anchor.
Advance Realty Investors has welcomed seven new retailers at a 450,000-square-foot, open-air center at the site of a former mall along Route 10 in Roxbury.
Two food and beverage tenants and a beauty operator have leased a combined 5,600 square feet in Delran, joining the roster at a 215,000-square-foot shopping center off Route 130.