REAL ESTATE

NRDC opens five new retailers in New Jersey

BY Jennifer Setteducato

Five stores are opening at National Realty & Development Corp.-owned shopping centers in New Jersey.

A 14,230-sq.-ft. Old Navy opened in Phillipsburg, New Jersey’s Pohatcong Plaza last month. Also, Arby’s will replace the Burger King parcel at Pohatcong Plaza in early 2019.

Habitat for Humanity ReStore, a nonprofit home improvement store and donation center, will celebrate their grand opening on October 26 at the Marketplace at Manville in Manville, N.J.

NRDC’s Hadley Center in South Plainfield, N.J. recently opened 9Round Fitness. It is the fitness center’s eighth New Jersey location.

Mavis Discount Tire will build a new 6,040 sq.-ft. building on one of the two remaining outparcel buildings at CooperTowne Center in Somerdale, N.J. Construction is expected to begin in the first quarter of 2019.

Purchase, New York-based NRDC has 78 projects in 14 states, including large retail power centers, grocery-anchored community shopping centers, and corporate/ industrial business parks.

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