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PREIT finishes Moorestown Mall revamp


Moorestown, N. J. -- PREIT announced the execution of more than 40,000 sq. ft. of new leases and the completion of its renovation to the dining court at Moorestown Mall located in Moorestown, New Jersey. The one million-sq.-ft. property is anchored by Lord & Taylor, Macy’s, Boscov’s and Sears. New retailers include: Yard House, Starbucks Coffee, Liberty Supply Co., Toy Genius, Eye Deals, Yankee Candle, Verizon Wireless and H&M.

The dining court was redesigned to offer an upgraded environment and amenities complete with a mix of new seating, mobile device charging stations, media wall, enhanced lighting, wayfinding signs and new restroom facilities, as well as a family restroom. In addition patrons will find an expanded selection of food options with the opening of Moon Dog Cafe, Brooklyn Pizza, Suki Hana Japan and Suki Hana Sushi along with existing tenants.

"I'm pleased to mark these accomplishments and to see the continued evolution of Moorestown Mall," said Joseph F. Coradino, CEO for PREIT. “Through forward-thinking strategic development and leasing, we are unlocking the value of the asset while giving shoppers an enhanced shopping experience. This project is yet another example of PREIT's success in improving the quality of our portfolio and strengthening asset value through targeted property-level remerchandising strategies.”

Moorestown Mall has been undergoing an extensive remerchandising plan since 2012, adding South Jersey’s only Regal RPX cinema, dining destinations which include celebrity chef-inspired restaurants Distrito by Jose Garces and Dave Magrogan's Harvest Seasonal Grill and Wine Bar, as well as "Boutique Row" fashion boutiques Erdon, Zeyzani and Never Too Spoiled, along with Orangetheory Fitness and Rizzieri Salon and Spa - flagship location.

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