H Mart, the nation’s largest Asian supermarket chain with nearly 100 locations, is planning a major renovation of its 24-year-old Cherry Hill market on Route 70. The renovation will include replacing the closed Beawon – Stacey’s Korean BBQ with an open-concept food court, bakery, and mercantile store, according to a site plan application under review… Read more »
The Cherry Hill zoning board rejected a proposed $25 million Supercharged Entertainment venue at the Garden State Park entrance, citing traffic and parking concerns. Sangermano Management LLC sought to build an 89,000-square-foot, two-story facility with a go-kart track, bowling alley, dining area, bar, and arcade facing Route 70 westbound. However, a poll of the board… Read more »
An international gaming company plans to open an interactive venue in a former Rite Aid on Route 38 in Cherry Hill. M&M Partners at Chapel Ave LLC seeks approval to build an Activate gaming experience, a franchise with 40+ locations worldwide, including one at American Dream in East Rutherford. The developer, which owns the 14,673… Read more »
A former TGI Fridays near Cherry Hill Mall is up for sale as a potential redevelopment site. Located at 2125 Route 38, the two-acre parcel includes a shuttered 7,455 SF restaurant and 149 parking spaces. The site is being carved out from a larger property anchored by AMC Cherry Hill 24. The restaurant closed in… Read more »
The Mexican Food Factory site in Marlton sold for $2.3M on Feb. 7. The former landmark restaurant, closed since December 2023, will be converted into a cannabis dispensary. A.J. Sussman Co. represented the buyer, 601 Route 70 LLC of Macungie, Pa., in acquiring the 1.2-acre site at 601 Route 70 West. Attorney Richard Freedman represented… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1245 North Hurffville Road, Deptford, New Jersey 08096. The Deptford property is available for lease. The property contains +/- 2,500, that could be utilized by retail users. Features of 1245 North Hurffville… Read more »
Big Lots is launching liquidation sales at all locations, including Cherry Hill, following the collapse of its restructuring efforts. The bankrupt retailer announced Thursday that its plan to sell assets for $620 million to Nexus Capital Management fell through. As a result, all remaining stores will begin going-out-of-business sales “in the coming days,” according to… Read more »
A new 120,000-square-foot Dick’s House of Sport will replace the Cherry Hill Office Center at Cherry Hill Mall in New Jersey. The office tower, slated for demolition, will make way for this experiential retail concept by PREIT (Pennsylvania Real Estate Investment Trust). The House of Sport will include interactive features such as batting cages and… Read more »
Two J.C. Penney anchor stores, one in New Jersey and one in Washington, sold for a combined $17.7 million amid the retailer’s bankruptcy proceedings. The Cherry Hill Mall location in Cherry Hill, NJ, spanning 181,337 square feet, sold for $4.8 million, per a securities filing by Copper Property CTL Pass Through Trust, based in Jersey… Read more »
The Philly Pretzel Factory on Route 70 westbound in Cherry Hill plans to relocate a block away to a converted auto repair shop at Connecticut Avenue. The current location, in a crowded strip plaza between a Divorce Center and an Asian restaurant, has limited parking. The nearly 60-year-old building, currently Universal Auto Repairs, was purchased… Read more »
