Wawa Opens Store in South Jersey

By:  Chris Bishop  |  Phillyburbs.com  |  April 29, 2012

BURLINGTON CITY - Marie Lollar knows something about Wawa on a personal level. "Wawa is excellent," the City Council president said. "My son worked for them for 12 years. ... It taught him responsibility." Lollar said the company, based in Wawa, Pa., is good to its employees and offers incentives. She was among the city officials who gathered Friday morning for the grand opening of the convenience store at the site of a former Acme on Route 130 across from the high school. It had been a long time coming. The former Acme moved to Route 541 in Burlington Township in late 1997. The Route 130 site has been vacant since the building was demolished about 10 years ago. "It's good to see the Route 130 corridor busy again," said Lollar, a longtime resident. "We made sure we did our end of the work," said Mayor Jim Fazzone, adding that it took about four years to see the project completed. Fazzone said Wawa is a strong addition to the business community, as other companies in the neighborhood such as McDonald's and Chevrolet dealership have completed or are undergoing renovations.

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By:  Kelly Stratton  |  National Real Estate Investor  |  May 11, 2012 

Cumberland County - At its dedication ceremony for its 12.5 megawatt New Jersey Oak solar project, Lincoln Renewable Energy (LRE) announced its partnership with Samsung C&T Corporation to advance its business plan in U.S.-based renewable energy. Samsung C&T and LRE have formed a 50/50 joint venture company named Monument Power LLC. LRE has contributed its most advanced solar PV project-development sites to Monument Power.  Monument Power is currently developing multiple utility scale solar PV projects ranging in size from 10 to 50 megawatts in California, Nevada, Colorado, Virginia and New Jersey with advanced plans for over $500 million in capital expenditure.  The project site in Cumberland County consists of approximately 53,000 solar panels constructed on a 100-acre site. It is the largest non-utility-owned solar project east of the Mississippi.

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Cooper Starting Construction on Second Cancer Institute

By:  Philadelphia Business Journal  |  John George  |  May 14, 2012

CAMDEN - Cooper Health System is starting construction on its $100 million Cooper Cancer Institute building on Tuesday.   The four-story, 103,050-square-foot building will be going up at the corner of Martin Luther King Boulevard and Haddon Avenue across from Cooper University Hospital. The project is designed to expand access to cancer care in South Jersey by providing a full range of specialists and cancer-care services under one roof. Cooper now provides cancer services at its existing Cooper Cancer Institute in Voorhees, N.J., and at its hospital in Camden, N.J., where the health system says it has the only dedicated oncology inpatient unit in South Jersey. Overall, Cooper treats more than 2,000 new patients a year and is at 55,000 outpatient visits annually.

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Developer wants to build $123M hotel, indoor water park in Atlantic City

By:  The Star Ledger  |  Wednesday, May 16, 2012 

By:  Katie Elder  |  NJBIZ.com  |  May 21, 2012

With federal stimulus funding exhausted and state and local governments shrinking their operating budgets, contractors in New Jersey's construction industry are continuing to work through their backlogs more rapidly than replacement projects are coming, according to an indicator that reflects the work to be performed by commercial and industrial contractors in the months ahead.

"This data tells us that the recovery in nonresidential construction will continue to be sputtering and sporadic," said Anirban Basu, chief economist for Associated Builders and Contractors Inc. "Much of New Jersey is suburban, and during this latest economic downturn, New Jersey was impacted much more than anyone could have predicted, and that hit construction the hardest."   
 

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Iron Hill Will Open Eatery In Voorhees

By:  Todd Shaner  |  May 22, 2012

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H&M Store Coming to Ocean County Mall

By:  Catherine Galioto  |  Manchester Patch  |  May 22, 2012

TOMS RIVER - With only about 200 locations of fashion-forward retailer H&M in the United States, the newest one will open in Toms River next month with an Ocean County Mall store. An area next to Old Navy in the Ocean County Mall is being revamped for H&M, and representatives from Ocean County Mall owner Simon Property Group said the store should open in June. According to H&M, the Swedish-based company has more than 2,300 locations around the world. That includes stores at the Freehold Raceway Mall and Monmouth Mall, and 10 other New Jersey locations. H&M's opening, slated for mid-June, coincides with the reopening of a fully remodeled Old Navy in the JC Penney wing of the Ocean County Mall. Peter Lembo, general manager for Ocean County Mall, in a press release announcing the addition of H&M, said the retailer further establishes the mall as a shopping center aligned with current trends.annually.

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By:  Mike Davis  |  The Times of Trenton  |  June 3, 2012

Hamilton - A year after a Pennsylvania-based developer announced plans to buy and revitalize Suburban Plaza, a fading retail center on Nottingham Way, there remains little clarity about the extent of the changes to be made, and talks are moving slowly on which store will become the anchor tenant.

"There's definitely something cooking, and it's serious," Peter Abrams, the developer, said. "I hope that it happens because it would be good for everybody. It's just moving a little on the slow side." Abrams said late last week he has something in the works for the vacancy-plagued shopping center, but he wasn't ready to disclose much about it, or even to confirm what a leasing agent for Suburban Plaza said in April about demolishing the buildings and starting over.

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By:  Betsy Kraat  | National Real Estate Investor

MOUNT LAUREL-The Hampshire Companies acquired Town Square Shopping Center, a 91,758-sq.-ft. retail center located at 872 Union Mill Road, from Town Square LLC.  Situated on more than 13 acres on the corner of Union Mill Road and Elbo Lane, Town Square Shopping Center offers easy access to neighboring residential communities. The center has an 88 percent occupancy rate and is anchored by a ShopRite Supermarket, which occupies 64,255 sq. ft. Currently, 9,500 sq. ft. of retail space is available for lease.  Brad Nathanson of Marcus & Millichap represented both Hampshire and the seller in the transaction.

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Regal Stadium 12 Theatre Coming to Moorestown Mall

Moorestown Mall will welcome a new state of the art movie theater - Regal Moorestown Mall Stadium 12 & Regal Premium Experienc (RPX).  The 56,000 square foot, 12-screen theatre will open in time for the 2013 summer movie season.

Cherry Hill Mall Welcomes New Tenants

PREIT has announced new tenants including Grand Lux Cafe, The Art of Shaving, Chicken Now, Henri Bendel and Coco Fruit are moving to Cherry Hill Mall. 

Jersey Shore Gets Two New Restaurants

One, featuring an Americn grill menu has opened in Atlantic City and Spiaggia Seafood Trattoia, featuring fish and pasta has opened in Stone Harbor

Quaker Bridge Mall to Roll Out 25 New Stores

Five of the 25 new stores moving into Quaker Bridge Mall by November have been announced, all of them with upscale profiles fitting the long-planned upgrade of the 36-year old shopping center.

New Jersey Has More Diners Than Any Place on Earth

New Jersey has more diners than any other state, that according to Guy Fieri, of the Food Nework, who will be taking a tour this summer to visit some of New Jersey's iconic eateries.
  

Compromise in the Works to Merge Rutgers-Camden with Rowan University

The framework for the deal calls for creation of a combined institution in South Jersey that would be controlled by an independent board but retain some form of the Rutgers name, the officials said.ucation.

New Retailers Join The Cumberland Mall