Community Submitted Content
Cherry Hill, NJ — Vantage Commercial is proud to announce the successful off-market sale of Southwood Shopping Center, a retail center located on Route 45 in West Deptford.
The Shopping Center has prevailed as a neighborhood landmark under the ownership of one family for over 60 years.
The +/-83,000 SF center was sold to a development group that plans to renovate the Southwood Shopping Center and revitalize this portion of Route 45, a state 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 new owner’s goal is to attract new tenants, modify the anchors, and reinvigorate the center in hopes of providing products and services to the surrounding communities.
Vantage Commercial was retained by the new owners as the leasing broker for the center. Giletto has expressed, “This is a project close to my heart and the community in Gloucester County in which I live. I am invested in transforming this center and my team has already uncovered opportunities that were previously missed.”
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 Landlord Representation, Tenant Representation, Healthcare Real Estate Services, Investment Sales and Acquisitions, Multi-Family Sales and Acquisitions, Business Brokerage, Land Sales, Land Development, Property Management, Property Valuations, and Advisory.
Vantage Commercial is guided by the core belief that in order to achieve success, we must think like a client but perform like a partner.
We have the optimal team in place to service any commercial real estate project and we work hard to achieve our client’s goals.
Each member of the Vantage Commercial team brings a unique background and perspective to the market. Combined, we have a tremendous, unmatched experience that shows in our success in the CRE market in New Jersey and Pennsylvania.
To learn more about our team, services, or to contact us, please click here.