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Article: Leasing activity strong at Ridge Plaza shopping center. (Retail New York).(Oak Ridge, New Jersey)
- Article from:
- Real Estate Weekly
- Article date:
- October 2, 2002
CopyrightCOPYRIGHT 2002 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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With a newly built 58,000-SF A&P grocery anchor having opened in mid-July, leasing activity at the Ridge Plaza shopping center has been "roaring ahead," according to Brian F. Ricklin, managing director of asset management for Strategic Resources Corporation (SRC). SRC is the New York-based investment advisor to Phoenix Four, Inc., the owner, through an affiliate, of Ridge Plaza, the 118,000-SF center in Oak Ridge, N.J. The site is clearly on target to be 90%-plus leased by the fall, according to Ricklin.
"This shopping center will be the retail hub for Jefferson Township and northern Morris Country," Ricklin said. "This was one of the wealthiest counties in the ...
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