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LARGE New Deptford Retail Project; TJ Maxx and Marshall’s Moving. Home Sense Coming in! (Metro Commercial)

LARGE New Deptford Retail Project; TJ Maxx and Marshall’s Moving.  Home Sense Coming in!  (Metro Commercial)
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Wow!  I just got done posting about the Don Pablo’s liquor license transferring to the shopping center property owner… and I mention that they were planning on extending the back of the property but I had no details.   Soon after posting, I find the Deptford Center online sales brochure from Metro Commercial which shows the Target/BJ’s shopping center doubling in size off the back of the property… and it clearly indicates TJ Maxx, Marshall’s, Joanne Fabrics, and Home Sense as new tenants!!

To clarify the location.. this would be 1900 Deptford Center Road which currently houses the Deptford Target and BJ’s Warehouse Club.  In the back of the lot where the BJ’s gas station is, they would take over the NJDOT property and extend the shopping center back there.  It’s deceptively bigger than you expected!

While the buildings would be further off of Deptford Center Road, the new segment of the shopping center will have considerable frontage to Route 42 for signage (cars wont have direct access from Rt 42, but 10s of thousands will see the stores and signage every day as they drive by).

The listing is online as there will be additional store spaces available… but if the stores already listed are true, they already have a very strong foundation to build from.

We haven’t had a chance to confirm directly (not that representatives would respond), but this is a very straight forward online representation from a NJ licensed real estate firm.   The updated PDF shows a Spring 2020 opening date (which seems a little aggressive considering its almost August, and nothing has progressed).

The PDF siteplan attached to the Metro Commercial listing even provides a depiction of the new signage with all these stores listed, and a new name “Deptford Place”

I sat in a Planning Board meeting two years ago where the owner of the property which currently has TJ Maxx and Marshalls located, and the owner spoke those two tenants were happy with the location… but its clear that center is not thriving.  If these two large retailers move out, it will basically leave Ollie’s as the only main tenant.

HomeSense is described as “HomeGoods on steriods” and is part of the same corporate umbrella as TJ Max and Marshalls.  Deptford has become a hub for home decor stores with Home Goods, Pier One, Hobby Lobby, Christmas Tree Shops, Kirklands and more.  Plus, just a few miles away in Washington Twp the massive @Home store opens later this year.