Metro Commercial Brings Upscale Convenience to Marlton, N.J. with the Shoppes at Elmwood

New shopping center will give pedestrians and drivers easy access to affluent shops and restaurants

Marlton, N.J.—May 3, 2005—The Shoppes at Elmwood, a new 25,200 sq. ft. neighborhood center on Route 70 and Troth Road, will fill the void of high-end shopping and dining in rapidly expanding Marlton N.J., while providing safe and easy access with a new traffic light and sidewalks. The leasing team from Metro Commercial Real Estate, Paul Friedman and Michele Coppola, are the exclusive leasing agents for the brand new center slated to open at the end of May, 2005.

The Shoppes at Elmwood will bring style, sophistication, and convenient service to Marlton residents who must now travel to neighboring Cherry Hill and Mt. Laurel to satisfy their shopping needs. The Shoppes at Elmwood will cater to some 2,000 households within a quarter-mile of the new complex, and about 1,000 households in easy walking distance.

To attract and serve the area’s growing population, Metro Commercial and Troth Associates, the center’s builder and developer, worked hand-in-glove to create a unique shopping experience that combines high-end shops and restaurants with day-to-day service retailers. The result: the Shoppes at Elmwood will feature unique shops such as Bernard’s Hair Salon, Mikado Japanese Cuisine, Loupy’s Crab gourmet seafood take out, and upscale woman’s apparel store Heather’s Clothes.

These stores will be flanked by free-standing services such as 7-11 with an integral gas station, a Citizens Bank open seven days a week, and a Pizza Hut-Italian, a new sit-down restaurant concept adopted by Pizza Hut. Other shops include an Amazon Café, King Wong Chinese Take-Out, Postal Connection, and a Frankford Cleaners with on-site tailoring, wedding gown storage, and drapery cleaning.

Troth Associates also won permission from the New Jersey Department of Transportation to install a much-needed traffic light on heavily-traveled Route 70, giving westbound cars a convenient left-hand turning lane at Troth Road into the Shoppes at Elmwood, and helping pedestrians cross the highway safely. Three Lanes on Route 70 and Troth Road have already been widened and sidewalks paved on either side of the street to make the center easy to access.

“The convenience and prime location of the Shoppes at Elmwood will provide much-needed high-end commercial retail to this corridor of Route 70,” says Paul Friedman, Leasing Agent for Metro Commercial. “This area is experiencing phenomenal growth. The Shoppes at Elmwood will be the ideal upscale complement to Marlton’s retail and residential renaissance.”

“This center will provide a unique shopping experience to a high-growth area of Southern New Jersey,” says Steven H. Gartner, President of Metro Commercial. “The Shoppes at Elmwood validates Metro Commercial’s strong commitment to providing communities with quality retail shopping that perfectly integrates into the regional landscape, creating the best environment for shoppers and their neighborhoods,”

About Metro Commercial Real Estate, Inc.
Metro Commercial Real Estate, Inc. (www.MetroCommercial.com) is Greater Philadelphia’s premier full-service regional retail real estate company, serving as exclusive leasing agent for more than 190 retail properties, totaling in excess of 14 million square feet in Pennsylvania, New Jersey and Delaware. Metro Commercial Management Services, Inc., the firm’s property management division, manages 50 shopping centers totaling 4.8 million square feet in the Tri-State area. Metro Commercial has offices in Conshohocken, PA and Mount Laurel, NJ and is the Philadelphia area representative of Realty Resources, a national network of retail brokers.

Media Contact:
Metro Commercial Real Estate
Jamie Joffe
+610 260 2671
jjoffe@metrocommercial.com