Hamilton-Marketplace_Hamilton-Township-N.J

IPA Arranges Sale of 485,094-Square-Foot Shopping Center in Hamilton Township, New Jersey

by Hayden Spiess

Hamilton Township, N.J. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Hamilton Marketplace, a 485,094-square-foot shopping center located in Hamilton Township. A 65,155-square-foot ShopRite anchors the property, which was constructed in phases beginning in the early 2000s. Other tenants at the center include Kohl’s, Ross Dress for Less, Staples, Barnes & Noble, Michaels, Old Navy, Ulta Beauty, Burlington and PetSmart. Paramount Realty acquired the property from SITE Centers for $116.5 million. Brad Nathanson and JP Colussi of IPA represented the seller in the transaction. According to IPA, this marks the largest sale of a single shopping center in the state since 2017. 

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