Boot Barn Signs Lease for Union Lake Crossing Mall in Millville, NJ
The 14,400 square foot store will be one of two locations marking the national chain’s entry into New Jersey; The lease reflects new owner Irgang Group’s efforts to improve the tenant mix of the 393,000 square foot mall.
Millville, NJ, May 4, 2022 /PRNewswire/ — Irgang Group announced today that it has signed a lease with national retailer Boot Barn for a 14,354 square foot store in Crossing Lake Uniona 393,000 square foot power center serving the greater Millville–Vineland southern market New Jersey.
The Union Lake Crossing store will be one of two initial locations that boot barn opens in New Jersey later this year, as the 303-unit chain pushes north along the east coast from existing locations in Delaware and Pennsylvania. The other New Jersey store will be in cherry hill. Currently operating in 38 states, Boot Barn ranks as the nation’s leading retailer of western-style and workwear footwear, apparel and accessories for men, women and children.
Boot Barn’s Union Lake Crossing store is set to debut this fall, occupying a space between Party City and Xfinity. The chain will join a mix led by ghost anchor Target, along with Shop-Rite, Kohl’s, Ross Dress For Less, Staples and PetSmart. Other notable tenants include Famous Footwear, Party City, Five Below, Buffalo Wild Wings, Moe’s Southwest Grill, and Sonic. Over 95% of the property’s occupied space is owned by domestic tenants.
Irgang Group, a Nyack, NYinvestment and property management company, acquired the 43.39-acre site from Goodman Properties in November 2021. Located in the heart of Cumberland County regional shopping center, the property is located at the signposted intersection of North 2n/a St. (State Hwy. 47) and Union Lake Blvd., with easy access to State Hwy. 55, a major north-south highway in the south New Jersey.
Rated as the #1 mall in the big Millville/Vineland market, the property taps into a primary market that includes 94,969 people in 34,440 households within a 15-minute drive. But with its 73,740-square-foot ShopRite ranked as the second most-visited grocer within a 30-mile radius, Union Lake Crossing customers travel far beyond that core market, expanding the site’s reach to 213,019 people. in 72,980 homes in 25 minutes. conduct.
“Our exclusive leasing agent, Metro Commercial Real Estate, has worked diligently to introduce new tenants that will make Union Lake Crossing an even more vibrant destination for residents and day workers in our area,” said the CEO. of the Irgang group. Marc Irgang. “With their unique offering, Boot Barn fits that bill perfectly. Having witnessed their special brand of merchandising at poplin squarea center we recently purchased from North Carolinawe are delighted to have them as our first new tenant since our acquisition of Union Lake. »
Joseph DoughertyExecutive Vice President and Director of Metro Commercial, added, “As brick-and-mortar retail continues to recover from the effects of the pandemic, we have received strong interest from a number of national, regional tenants and premises for the rest of Union Lake vacancies and we expect to announce additional signed leases throughout the year.”
Meanwhile, Dougherty noted that Famous Footwear, an original tenant in Union Lake Crossing, just renewed the lease on its 6,983 square foot store.
In addition to the rental business, Irgang Group is preparing a series of physical improvements to the property which began with an initial installation of holiday decorations immediately after the acquisition of the center (including the modernization of most poles to accommodate holiday lighting) and continued with the ongoing project to replace all parking lot lighting with LED lamps. “This will not only promote energy efficiency, but also improve visibility and safety in all parking areas,” Irgang said. “More improvements are on the way as our team works to make Union Lake even more connected to the needs of our customers.”
Commenting on his company’s decision to open at the centre, Boot Barn Vice President Property Charlie Arbing said: “We are delighted to be opening one of our first two New Jersey stores in Union Lake Crossing and believe we will be well received by consumers throughout the vast Cumberland County market where this property comes from.”
In addition to its physical stores and e-commerce channel, www.bootbarn.comthe company operates www.sheplers.comthe nation’s leading pure play online western and working retailer, and www.countryoutfitter.coman e-commerce site selling to customers who live a country lifestyle.
Irgang Group was represented by Metro Commercial on the lease, while Boot Barn was represented by CBRE.
For information on renting Union Lake Crossing, contact, Joseph Dougherty, [email protected]
Media contacts: At Jaffe Communications Bill Parness, [email protected](732) 673-6852, or Elisa Krantz, [email protected],mailto: (908) 789-0700.
SOURCE Irgang Group