Seaview Square, Ocean rendering. – R.J. BRUNELLI & CO
R.J. Brunelli & Co. LLC on Thursday said it was appointed exclusive leasing agent for the upper level of the former two-story Sears building at Seaview Square, a 775,000-square-foot power center in Ocean.
The 93,000-square-foot space can be subdivided into units as small as 25,000 square feet.
Major retailers at the property include Costco, Target, Burlington, Big Lots, Sky Zone, Pet Smart, and side-by-side locations of TJX Cos.’ Homegoods, Marshalls, Home Sense and Sierra Trading Post brands.
Marshalls and Homegoods are in the process of relocating to Seaview Square from a nearby site. Upon opening in October, this will reportedly make Seaview Square one of the few centers in the country to house four TJX brands.
The property’s anchor mix will also include At Home, now under construction on the lower level of the Sears building.
“The easily accessible upper level of the Sears building is ideal for a variety of big-box concepts, including entertainment, grocery, sporting goods, flooring, household goods and medical, with at-grade parking for 500 cars,” said R.J. Brunelli & Co. Chief Executive Officer and Principal Ron DeLuca, who is handling the listing.
Offering direct access to State Routes 35 and 66, Seaview Square draws from a primary 5-mile market of 142,673 residents with an average household income of nearly $109,000.
According to DeLUca, the site also sees shoppers from beyond the primary market, including visitors to the Jersey Shore. “The site has long been a regional shopping destination and is at the hub of an area that includes such nearby retailers as Wegman’s, ShopRite, Kohl’s, BJ’s, and Raymour & Flanigan,” he said.
