A new relationship focused exclusively on building medical and wellness tenancy will continue the mall’s growth as a regional healthcare hub
MOORESTOWN, NEW JERSEY June 17, 2024 – Colliers is pleased to announce the team of Paul Rogers and Charlie Rogers will serve as exclusive healthcare and wellness leasing agents to mall operator PREIT at the Moorestown Mall in New Jersey.
Moorestown Mall has transformed from a classic American mall to a true mixed-use development over the last two years. At the end of 2023, Cooper University Health Care opened its doors. As their newest and largest outpatient campus, representing a $150 million investment at Moorestown Mall, this 166,000 square foot facility is a redevelopment of a former Sears department store bringing patients 26 medical specialties, diagnostic services and other amenities.
The team will be tasked with marketing up to 60,000 square feet of available space to healthcare uses in one of South Jersey’s most demographically dense and affluent trade areas.
“Our team is ready to assist PREIT in the continued development of Moorestown Mall as a wellness destination. Moorestown has been a leader in the transformation of retail and we will work to advance the groundbreaking partnership with Cooper Health by curating a complementary base of health and wellness tenants.” shared Paul Rogers, Colliers’ leasing lead.
Moorestown Mall is establishing itself as a regional health and wellness hub with tenants such as Cooper, Planet Fitness, Orangetheory Fitness, Rizzieri Medical Spa, Doctor Scrubs, and Banfield Pet Hospital. Additionally, the mall will soon have a two-story entertainment complex and an on-site multifamily housing development, Pearl, which will begin leasing 375 apartment homes in the 4th quarter of 2025.
For further information, contact:
Paul Rogers, Senior Vice President
+1 215 928 7504 paul.rogers@colliers.com
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About Colliers International
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.
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