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Prestige Properties Purchases 426,436 SF Shopping Center in Mount Laurel, New Jersey, for $130M

2-Centerton-Rd-Mount-Laurel-NJ

Wegmans anchors the 426,436-square-foot Centerton Square in Mount Laurel, N.J.

MOUNT LAUREL, N.J. — New York City-based Prestige Properties has acquired Centerton Square, a shopping center located at 2 Centerton Road in Mount Laurel. Black Creek Diversified Property Fund sold the property for $130 million. Wegmans anchors the 426,436-square-foot regional shopping destination. At the time of sale, the property was fully leased to more than 40 tenants, including DSW Shoes, TJ Maxx, Bed Bath & Beyond and Burlington, which is slated to open soon.

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