RD Management Signs First Tenant Lease, Jumpstarts Development of Sunbird Plaza in Marlton, NJ
September 27, 2016
RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, has signed its first tenant lease with Royal Farms at Sunbird Plaza in Marlton, New Jersey. The soon-to-be constructed, 26,016-square-foot shopping center has a projected opening of spring 2017, and Royal Farms will occupy 5,166 square feet of retail space.
Located at the intersection of Route 73 and Sunbird Drive, Sunbird Plaza is conveniently situated next to Target and the highly-trafficked Willow Ridge Shopping Center. There are additional 19,200- and 1,650-square-feet retail spaces and a potential pad site available for lease.
Royal Farms is a successful Maryland-based chain that offers gasoline and diesel fuel, breakfast, lunch, dinner, and snacks at customers’ sit-down or take-out convenience. The chain presently operates 167 stores and is expanding into South Jersey.
“We’re pleased with the progress of this new development that’s perfectly positioned in a busy area of South Jersey, surrounded by complementary retail shops and centers,” said Richard Birdoff, principal and president of RD Management. “Royal Farms’ food and fuel concept is the first of several new tenants to join Sunbird Plaza, and we’re eager to announce those along with the center’s official opening date to the community in the coming months.”
RD Management has more than 200 properties in its national portfolio.
Those interested in leasing space at the center can contact Darren Sasso at 212-265-6600 ext. 354 or at dsasso@rdmanagement.com.