Resurging Independence Plaza in Hamilton, New Jersey

Hamilton Township, N.J. -- IP Associates announced it has executed an agreement with Regal Entertainment Group to anchor Independence Plaza located in Hamilton, New Jersey. The announcement comes on the heels of an eight month turnaround leasing campaign that has netted in 115,000 sq. ft. of new leases.



IP Associates, a partnership between JJ Operating Inc. and Houlihan Parnes acquired the property late 2014 through a foreclosure sale. The group was able to obtain title in January of this year. As IP Associates work to reinvigorate the shopping center, $5 million will be invested in capital improvements.



Retailers under construction and scheduled to open soon include Ollie’s Bargain Outlet, Save-A-Lot Supermarket, and Crunch Fitness. The theater is scheduled for a 2016 opening.