January 28, 2020 [Mays Landing, NJ] – Colliers International’s Retail team has recently been named exclusive agents at Hamilton Mall, the premier shopping destination of Atlantic County, New Jersey.
Hamilton Mall is a one million square foot shopping center located just 12 miles from Atlantic City featuring over 100 stores and restaurants. National tenants like Macy’s, Forever21, H&M, Shopper’s World, Planet Fitness, Bob’s Furniture, American Eagle as well as restaurants Longhorn Steakhouse, Buffalo Wild Wings, Ruby Tuesday, Olive Garden and Reb Lobster have chosen to “make waves” at the Hamilton Mall. It is conveniently located between big box shopping magnets Walmart and Target along the popular Black Horse Pike retail corridor.
The mall was recently purchased by Long Island-based real estate investment firms Namdar Realty Group and Mason Asset Management, both preeminent privately-owned owner/operators of retail assets. Combined – their national portfolio is close to 100 million square feet, including 180 regional malls between them. Current opportunities at Hamilton Mall reflect the sea changes that faced traditional retail over the last decade; they include a 206,924 square foot anchor location vacated by Sears as well as a 12,000 square foot in-line opportunity, among others.
“We are excited about the opportunity to focus on a major redevelopment of a mall opportunity where both Evan and I have had tremendous success and experience with in the past. In today’s retail environment, it’s important to understand that the definition of traditional retail leasing has expanded greatly, and Colliers and Mason are teaming up to further turn the tide of this historic mall project.” said Jason Fox of Colliers Retail.
Hamilton Mall was recently named a “Best of the Press” Gold Award winner in its annual list of top shopping throughout the region by the Atlantic City Press.
For more information visit:
Jason Fox Senior VP - Retail, Colliers International
firstname.lastname@example.org +1 856 780 3594
Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
About Mason Asset Management
Founded in 2010, Mason Asset Management is a Long Island-based real estate investment, leasing, and brokerage company with expertise in the acquisition, disposition, and leasing of commercial real estate properties throughout the United States. Since inception, Mason Asset Management has firmly established its position as the preeminent privately owned owner/operator of retail assets nationally and currently is responsible for the leasing of a national portfolio of more than 180 shopping centers and enclosed malls, totaling more than 45 million square feet. Learn more at masonam.com
About Namdar Realty Group
Namdar Realty Group is a privately held, commercial real estate investment firm, located in Long Island, NY, owning and managing over 47 million square feet of commercial real estate throughout the United States. Founded in 1999, Namdar has become one of the fastest growing private real estate investment firms in the country, averaging over 20 acquisitions annually over the last 4 years, consisting primarily of large retail malls, shopping centers, office and medical buildings. Learn more at namdarrealtygroup.com