CHERRY HILL – A seafood restaurant and a women’s clothing chain from Germany are coming to the Cherry Hill shopping center, the owner of the shopping center said.
Eddie V’s, one of several chains operated by Darden Restaurants Inc., is expected to open in the mall this fall, according to PREIT from Philadelphia.
The Marc Cain clothing chain is set to appear in March.
The newcomers are among 20 tenants who have rented more than 50,000 square feet in a mall that PREIT called a “trophy asset”.
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One mall sales figure last year rose 27 to a record $ 936 per square foot, a PREIT statement said Tuesday.
PREIT also manages the Moorestown and Cumberland malls in Vineland. He did not disclose the sales figures of these sites, but previously stated that they belong to the lower level of the firm’s 18 malls.
Both Eddie V and Mark Kane are currently working in the field at the King of Prussia Mall outside of Philadelphia.
The seafood restaurant will take the former place of the Grand Lux café, as a result of which last August in the restaurant row of the shopping center near Route 38 was created a place with an area of 8685 square feet.
Eddie V’s has 27 restaurants in 14 states, more than half in Texas, California and Florida, the site said. He has another place in New Jersey, in Paramus.
Its owner, Darden of Orlando, operates three other restaurant chains in downtown Cherry Hill – Bahama Breeze, Seasons 52 and The Capital Grill. The Darden funds also include the Yard House pub chain with a branch in downtown Moorstown in PREIT.
PREIT described Marc Cain as “an elite brand of women’s ready-made clothing”. It says the Cherry Hill site, a 1,800-square-foot store in the center of the mall, “will be the only place in the U.S.” for German retailers.
Cherry Hill Mall, also called PREIT “flagship”, is a bright place for the mall operator,
PREIT reported a net loss of $ 125.6 million in the first three quarters of 2021 in November. This came after a deficit of $ 286.9 million in 2020, $ 38.2 million in 2019 and $ 137.7 million in 2018.
Jim Walsh covers state security, economic development and other articles for the Courier-Post, Burlington County Times and The Daily Journal.
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