In addition to the opening of ShopRite and Burlington and the relocation and reopening of a brand-new Marshalls store, redevelopment plans included the renovation of building facades and parking lots as well as enhanced landscaping and wayfinding signage throughout the property. 

The reimagination of the tenant mix at this property has been transformational. New fitness concepts recently opened their doors in a completely renovated outparcel, including CycleBar, GOLFTEC, iStretch+, and Yoga Six. Prime Urgent Care and Phenix Salons will expand the property’s essential services. 

Upon completion, Huntington Commons will be the top “daily needs” shopping destination in the trade area and a true hub for the community. With essential grocery alongside compelling value retail as well as new fitness and wellness options, there are even more reasons for shoppers in the surrounding area to visit the property more often.

The property serves as a hub for the community by combining outdoor gathering places and seating with grocery, dining, and value-oriented retail.

Driving more than 11 million visits annually*, Bergen Town Center delivers best-in-class essentials from Whole Foods, Target, and CVS to segment-leading discount shopping, including Nike, Banana Republic, Gap, Adidas, Saks Off 5th and Marshalls. The property is primed for continued growth.

Urban Edge is committed to reimagining Bergen Town Center to continue its success as a vibrant center of commerce and community through extensive, multi-million-dollar renovations and an elevated merchandising mix. The changes in progress will further maximize the value of the center and continue the asset’s legacy of adapting to changing consumer demands.

Urban Edge recently announced the development of a 456-unit multi-family project. This new development will feature first-class amenities, underground parking, and co-working space. It is in immediate walking proximity to Bergen Town Center, which will create a self-contained community where residents can live, shop, dine, and play.

*Source: Placer.ai
 

This multi-phased project started with the replacement of a lower quality, local grocer with the first ever ShopRite to enter the Bronx, providing residents with high quality produce, meats, an in-store bakery, and amenities not found at nearby properties. Coupled with the façade renovation and the opening of Burlington completed in 2021 and the recent opening of Aldi, Five Below and Lot Less, the company is now well on its way to creating a greatly enhanced retail destination in one of the most densely populated trade areas in New York.

In total, the company expects to invest $80M into this asset. When the transformation is complete, Urban Edge will have covered every aspect of its strategy - accretive investment of our capital, rent growth from adjacent renewals and new leases, an improved retail mix, and a positive investment in the community.

Located in one of the most significant retail hubs in the Bronx with a 3-mile population of 700,000 people, the company is excited to watch Bruckner Commons grow.
 

There is no question that Puerto Rico has rebounded significantly from both Hurricane Maria and the pandemic. Unemployment is at a record low driven by strong demand from tourism and infrastructure investment. Retailers have noticed this increased economic activity as both regional and national brands look to expand, enabling us to continue investing capital to improve our properties on the island.

The center offers a strong array of national retailers, including G by Guess, Footlocker, Forever 21, Aéropostale, Bath & Body Works, and P.F. Chang’s. Urban Edge recently completed $4 million in capital improvements at the property, including façade and roof renovations, parking lot enhancements, and a property renaming.

In late 2021, the company committed to invest $12 million in the redevelopment of a 122,000 square foot former Kmart box as part of a new lease with Sector Sixty6, a family-oriented entertainment center. The venue is the largest of its type located within a shopping center in Puerto Rico and features an arcade, bowling, the largest go kart track in the Caribbean, a ropes course, and a Golden Corral restaurant.

The operator of Golden Corral expects it will be one of the highest performing locations in the chain. With the addition of both Golden Corral and Sector Sixty6, which opened October 2023, Shops at Caguas is now a unique hub for family entertainment and retail unlike any other in Puerto Rico.

Approximately 30 miles outside of Manhattan in the heart of Morris County, the property is in a desirable area for young, affluent families. This center’s transformation story includes anchor repositioning, a complete upgrade of its shop space, and the accretive development of pad sites.

The game changer for Briarcliff Commons came when Urban Edge signed a lease with Uncle Giuseppe’s for a 37,000 square foot space to anchor the property alongside Kohl’s. Uncle Giuseppe’s is a first-class gourmet grocery store with multiple locations in New Jersey and New York.  The store was designed with two main entrances, which takes advantage of a previously under-utilized rear parking field. Uncle Giuseppe’s opened in February 2022, increasing our foot traffic by 62% compared to 2019*.

The strength of our new anchor tenant was the impetus for us to completely renovate the property with new sidewalks, landscaping, and updated facades. As a result, the tenant mix has improved significantly with the addition of First Watch, Chop’t, Crumbl Cookie, and Chick-fil-A. Urban Edge also recently opened CityMD on a new pad. 

* Source: Creditntell