Burlington will occupy approximately 27,000 square feet
FREDERICKSBURG, VA, June 3, 2022 – Colliers is pleased to welcome Burlington Coat Factory to Central Park Marketplace as an anchor tenant. Burlington will be opening its new location in the spring of 2023. The retailer will be relocating from its current location at the Greenbrier Shopping Center.
The national retailer will be occupying approximately 27,000 square feet in the former Ashley Furniture space located at 1845 Carl D. Silver Parkway.
Central Park Marketplace is a 215,000 square foot shopping center centrally located between Washington, D.C. and Richmond. The shopping center is a part of the 2.5 million square foot power center known as Central Park and is highly visible from the I-95/Route 3 interchange in Fredericksburg. Major tenants include DSW, Ulta, Pottery Barn Outlet, TJ Maxx (also opening in 2023), and now Burlington Coat Factory.
Colliers’ Real Estate Management Services (REMS) team, led by Todd Willett, has been the property manager of Central Park Marketplace since 2012. The REMS portfolio consists of more than 50 million square feet of properties under management.
About Burlington Stores, Inc.
Burlington Stores, Inc., headquartered in New Jersey, is a nationally recognized off-price retailer with Fiscal 2021 net sales of $9.3 billion. The Company is a Fortune 500 company and its common stock is traded on the New York Stock Exchange under the ticker symbol “BURL.” The Company operated 840 stores as of the end of Fiscal 2021, in 45 states and Puerto Rico, principally under the name Burlington Stores. The Company’s stores offer an extensive selection of in-season, fashion-focused merchandise at up to 60% off other retailers' prices, including women’s ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $57 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
