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  • Writer's pictureMAREJ

RD Management LLC enters into six new lease agreements at The Shoppes and Residences

Marlton, NJ — RD Management LLC has entered into lease agreements with Gaetano’s Pizzeria & Cheesesteaks (2,070 s/f), Pink Petal Mani Pedi (1,984 s/f), Dunkin’ Donuts (2,600 s/f), Hair Cuttery (1,050 s/f), La Scala Italian Restaurant (7,125 s/f), and La Vez Mexican Restaurant (8,800 s/f) at The Shoppes and Residences at Renaissance Square in Marlton. The six new tenants join current tenant TD Bank and anchor tenant Virtua Medical Group, and will occupy a total of 23,629 s/f of the 126,367 s/f retail portion of the center, which is undergoing a $70 million redevelopment and expects to have its first occupants open by summer of 2017.

Located at the highly-trafficked intersection of Rte. 70 and North Locust Ave., The Shoppes and Residences at Renaissance Square will be a mixed-use center that is situated on the property formerly known as Tri-Towne Plaza. The redeveloped property will contain 583,858 s/f of residential luxury apartments (338 units), retail, restaurants, medical, office, and commercial space. The portion of the mixed-use facility that faces Rte. 70 will be converted into an open space park complete with new jogging paths, walkways, and a pond.

“These six additions come at the heels of our announcement of Virtua Medical Group joining the center, putting into action our vision of transforming The Shoppes and Residences into a truly mixed-use destination,” said Richard Birdoff, principal and president of RD Management. “Adding salon and health services and offering diverse food concepts will give guests and residents quality options for pampering, personal care, and dining out with friends and family.”

NEW YORK — RD Management LLC has promoted former senior VP Roger Hirschhorn to chief operating officer.

As COO, Hirschhorn will have direct oversight in all aspects of the company, including day-to-day operations. He’ll continue to lend his expertise and contribute strategic direction to RD Management and its national portfolio of over 200 properties that span the retail, office, residential, mixed-use, hospitality, self-storage, and senior housing sectors.

Hirschhorn has almost 30 years of experience in the shopping center industry. Throughout his career, he has worked for both shopping center owners and one of the country’s largest retailers. He’s had a hand in all aspects of the business including property management, accounting, leasing, development, acquisitions, dispositions, construction, and finance, making him an incredible asset to the RD Management executive team. Hirschhorn attended the University of Vermont and holds a Bachelor of Science degree in Business Administration.

“We have been fortunate to have Roger on our team for over 13 years now, as his breadth of knowledge in retail real estate is invaluable,” said Richard Birdoff, principal and president of RD Management. “Roger has the expertise and vision to be a driving force in the continued measured growth, strength, and integrity of the company, and I wish him great success in his new role.”

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