Chester, N.J. — Dividend Capital Diversified Property Fund Inc. has acquired Chester Springs Shopping Center, a 223,000-square-foot grocery-anchored retail center located in Chester, for $53.8 million.
Cherry Hill, N.J. — Holliday Fenoglio Fowler (HFF) has arranged the $6.3 million sale of Treasure Island Retail, a 107,390-square-foot retail center located in the Philadelphia suburb of Cherry Hill, New Jersey.
Ledgewood, N.J. — Cushman & Wakefield has arranged the sale of Ledgewood Mall, a 518,000-square-foot retail property located in Ledgewood, for a price in the high-$20 million range.
Willingboro, N.J. — Delco Development LLC has completed the sale of Willingboro Town Center South, a retail shopping center located in Willingboro.
East Rutherford, N.J. — Ten new tenants are set to open at American Dream, a 3 million-square-foot retail center currently being developed by The Triple Five Group of Cos. in East Rutherford.
Mount Laurel, N.J. — Brandywine Realty Trust is set to begin construction on a 10,000-square-foot retail development located at 7000 Midlantic Drive in Mount Laurel.
Teaneck, N.J. — Win Development has submitted construction and engineering plans to the City of Teaneck and Bergen County, N.J., for final building plan approval for a new Walgreens location in Teaneck.
Old Bridge, N.J. — Old Bridge-based R.J. Brunelli & Co. has announced the appointments of founder Richard Brunelli as chairman of the board; Ron DeLuca as chief executive officer; Danielle Brunelli-Albrecht as president; and Bill Lenaz as executive vice president of business development.
Old Bridge, N.J. — Dollar Tree is set to open four new locations across the state of New Jersey by July 2016.
Indianapolis — Indianapolis-based Simon Property Group continues to add to its significant retail portfolio with the opening of two new projects: Gloucester Premium Outlets in Gloucester Township, New Jersey, and the expansion of San Francisco Premium Outlets.