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Cherry Hill, NJ – Vantage Commercial is proud to announce the successful off-market sale of Southwood Shopping Center, a shopping center located on Route 45 in West Deptford.
The mall has prevailed as a neighborhood landmark under family ownership for over 60 years.
The +/- 83,000 square foot center has been sold to a development group that plans to renovate the Southwood Shopping Center and revitalize that part of Route 45, a national highway that connects Westville, Gloucester County, to Salem, Salem County.
It serves as a major regional corridor for West Deptford, Mantua, Mullica Hill and Woodstown.
Corinne Giletto, Senior Advisor at Vantage Commercial, worked on this project for over two years.
The goal of the new owner is to attract new tenants, change the anchorages and reinvigorate the center in the hope of providing products and services to surrounding communities.
Vantage Commercial has been retained by the new owners as the leasing broker for the center. Giletto said, “This is a project close to my heart and to the Gloucester County community in which I live. I am invested in the transformation of this center and my team has already discovered opportunities that had been missed before. “
About Vantage Commercial: Headquartered in Cherry Hill and Philadelphia, PA, Vantage Commercial is a full-service commercial real estate brokerage and advisory firm serving New Jersey, Philadelphia and eastern Pennsylvania.
Vantage Commercial specializes in all aspects of commercial real estate including owner representation, tenant representation, healthcare real estate services, investment sales and acquisitions, multi-family sales and acquisitions, commercial brokerage, land sales, land development, property management, property appraisals and Advisory. Vantage Commercial is guided by the fundamental belief that to achieve
success, we have to think like a customer but act like a partner.
We have the optimal team in place to service any commercial real estate project and we work hard to meet our clients’ goals.
Each member of the Vantage Commercial team brings a unique experience and perspective to the market. Together we have a tremendous and unparalleled experience that is reflected in our success in the CRE market in New Jersey and Pennsylvania.
To learn more about our team, our services or to contact us, please click here.