The Grove at Shrewsbury
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The Grove at Shrewsbury is an upscale lifestyle center located on Route 35 in Shrewsbury, New Jersey, United States, Script error: No such module "convert". south of downtown Red Bank. The center opened in 1988 and has a gross leasable area of Script error: No such module "convert"..[1][2][3][4][5] A lifestyle center is a shopping center or mixed-use commercial development that combines the traditional retail functions of a shopping mall but with leisure amenities oriented towards upscale consumers. The Grove at Shrewsbury was developed and is managed by Metrovation.
The center contains 40 stores and is anchored by Brooks Brothers, Anthropologie, Williams Sonoma, J. Crew and Banana Republic.[6]
History
The Grove at Shrewsbury, New Jersey's first lifestyle center, opened in March 1989. The first major store was Epstein's. By August, 37 of the 40 units were occupied.[7] Epstein's would later close; Sealfon's, another upscale, regional New Jersey department store, opened in its place in 1994.[8] That store also went out of business. The space was eventually subdivided and in its place opened a flagship Brooks Brothers and Anthropologie, Monmouth County's first.
Peloton opened a store in 2021.[9]
Victoria's Secret and Pink closed in 2020.[10] Eddie Bauer closed in January 2019.[11]
References
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- ↑ Loan 7: The Grove at Shrewsbury, Securities and Exchange Commission. Accessed December 10, 2023. "As of July 1, 2017, The Grove at Shrewsbury Property was 98.6% occupied by 34 tenants, none of which occupy more than 8.8% of the net rentable area. The largest tenants are Brooks Brothers, occupying 13,000 SF, Anthropologie, occupying 12,000 SF, Pottery Barn, occupying 11,235 SF, The Gap, Inc., occupying 10,859 SF and Banana Republic, occupying 8,000 SF."
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External links
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- "Properties managed", Metrovation
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