News

Paramount Realty Acquires Marketplace at Chews Landing

04/1/2007


Paramount Realty Services, Inc. has acquired the 147,000 square foot Marketplace at Chews Landing shopping center located on Chews Landing-Clementon Road in Gloucester Township, Camden County, New Jersey. The Seller of the Property was Marketplace Concept and was represented by Metro Commercial Real Estate based in Mt. Laurel, NJ.

Marketplace at Chews Landing is a grocery-anchored center tenanted by a 65,000 square foot Stop & Shop with national tenants such as H&R Block, Dunkin Donuts, Curves, ACE Hardware, Blockbuster, Sleepy's, Dollar Tree, and Pet Valu and a fully approved bank pad site. The property is 95% leased and currently has three inline spaces available.

Paramount Realty Services, Inc. currently has a portfolio of over 2,500,000 square feet of commercial properties throughout central and southern New Jersey and Eastern Pennsylvania.

Paramount owns two other Stop & Shop anchored shopping centers in New Jersey.