Paramount Realty has acquired The View at Marlton, a 98% occupied, 91,000-square-foot shopping center in Marlton, New Jersey. The center is anchored by the area’s top-visited LA Fitness and is the dominant service-oriented center serving the nearly 6 million square feet of suburban office space within three miles and the affluent suburban communities of Cherry Hill, Mount Laurel, and Marlton. Constructed in 2017, the View at Marlton is a best-in-class shopping center prominently featuring the latest restaurants and beauty tenants supported by the leader in the fitness industry. In addition, the site is situated on the heavily traveled Route 73, across from Whole Foods Market and a medical campus anchored by Rothman Institute. Marlton attracts some of the highest retail rents in the Philadelphia MSA given its proximity to Center City Philadelphia, close to robust office and mature housing markets where average annual household incomes exceed $145,000. The center’s top tenants include LA Fitness, AAA, The Malvern School, and Truist Financial Corp. Beauty tenants include Rooster’s, Belle Palace, European Wax Center, Restore Cryotherapy, and Cherry Blow Dry Bar. Among the restaurant tenants are Dunkin’ Donuts, Naf Naf, Bistro di Marino, and Smoothie King.

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