R.J. Brunelli & Co. achieves 100% occupancy at SC in Yardville, NJ
YARDVILLE, NJ — Dover Park Plaza in Yardville is 100% leased and repositioned for the eventual V-shaped recovery thanks to a creative re-tenanting effort by R.J. Brunelli & Co., LLC. After acquiring the 58,000 s/f shopping center in a tax-deferred 1031 exchange in 2018, new landlord Dover Park Plaza LLC hired the Old Bridge-based retail real estate brokerage to revamp the tenant mix at the decades-old property in Mercer County. At that time, the center, located at 1-23 Sunnybrea Blvd., was about 75% leased, said R.J. Brunelli sales associate Peter Miller, who spearheaded the leasing effort in his role as the property’s project manager. In addition to longstanding operators such as CVS Health, La Forchetta Italian pizzeria, Asian restaurant Sun Lok Gardens and several service-based businesses that have been at the property over 30 years, the mix now includes a new anchor: 25,067 s/f Jersey Strong. “To optimize the location for this statewide fitness chain, we worked with the landlord to reconfigure and combine several narrow, deep, less functional spaces with a former dollar store that served as the centerpiece for the new gym,” Miller said. Those moves included the relocation of Sun Lok Gardens to another space in the center.