Wharton Realty Group has acquired Deptford Landing, a fully leased, 517,096-square-foot retail power center anchored by a global discount department store and its related membership-only retail warehouse club in the South New Jersey community of Deptford, N.J.
The sales price was not disclosed; however, JLL Capital Markets marketed the property on behalf of the seller.
Deptford Landing’s high-performing tenant lineup is dominated by national tenants, including one of the world’s largest retailers as anchor tenants along with DSW, Michaels, Five Below, PetSmart, Raymour’s Furniture, The Mattress Factory, Hand & Stone, Carter’s, Five Guys, Great Clips, Chipotle and National Vision.
Positioned on 67.33 acres at 2000 Clements Bridge Rd. approximately 12 miles from downtown Philadelphia, Deptford Landing is along NJ-42, one of the most traveled roadways in the area, and visible to more than 107,000 vehicles per day. The property has easy connectivity to
