properties in operations
site plan

MOORESTOWN MALL
400 Route 38
Moorestown NJ 08057
Phone: 856-231-4444

LOCATION: Moorestown, New Jersey

DATE OPENED: September 1963

DATE ACQUIRED: December 1997

EXPANSIONS:
1971; 2000

RENOVATION: 1993; 2000

ARCHITECT: John Graham A.I.A Architects

CENTER DESIGN: Single level with two-level anchors

TOTAL CURRENT SIZE: 1,033,000 square feet

GROSS LEASABLE AREA: 339,000 square feet

DEPARTMENT STORES:
Boscov's 203,000 square feet
Lord & Taylor 120,000 square feet
Sears 171,000 square feet
Strawbridge's 200,000 square feet

NUMBER OF OTHER SHOPS, SERVICES AND RESTAURANTS: 92

NUMBER OF PARKING SPACES: 5,961

ACCESS HIGHWAYS:
Route 38; I-295

TRADE AREA POPULATION: 487,400

who we are properties in development home

Moorestown Mall

Visit the Moorestown Mall web site for shopping information, directions to the shopping center and a listing of stores.
http://www.moorestown-mall.com


Moorestown Mall's recent $45 million remerchandising and expansion program enables it to capitalize on a strong and growing trade area. Brand new Strawbridge's and Lord & Taylor have joined Boscov's and Sears to create a completely new center.

The Location

Moorestown Mall is located in Burlington County on State Route 38, directly accessible to southbound travelers on I-295 via an off ramp. The center also lies within a half mile of a full interchange of I-295 and Route 73 and within one mile of the New Jersey Turnpike and Route 73 Interchange. Moorestown Mall is the anchor of a major retail concentration and is ideally positioned to serve the most affluent portion of Philadelphia's New Jersey suburbs.

The Merchandising

  • The new Strawbridge's opened strongly in November 1999, offering top-line merchandise for this nameplate. In March 2000, a Lord & Taylor opened at Moorestown Mall, its only location in southern New Jersey.


  • New tenants, including Limited Too, The Children's Place and GapKids, reflect the strong family orientation of the center.

  • The underlying market strength of the property is evident in the fact that top retailers such as Gap, Bath & Body Works, Victoria's Secret, Express and others have enjoyed strong sales throughout the redevelopment process, and specialty store retailers such as Foot Locker, Afterthoughts and Paul Harris have also expanded their stores.

The Trade Area

  • Moorestown Mall's trade area encompasses the majority of Burlington County and currently contains 487,400 people.

  • The average household income of trade area residents is $72,400, well above the Philadelphia MSA average.

  • Growth in the trade area has been fueled by the development of better-quality suburban housing. An average of 1,900 residential building permits have been issued annually in Burlington County since 1990, with the vast majority in the Moorestown trade area.

The Future

Moorestown Mall's strategic location in the most upscale portion of Philadelphia's New Jersey suburbs and recent expansion and redevelopment will enable the center to solidify its strong position and harness the affluent growth of its trade area.


Super Regional Retail Index