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The Future of South Jersey

An In-Depth Look at Camden, Atlantic City and More!

Event Ended On: Thursday August 1 2019

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Event Host

Events Raw Space

The Court at Deptford

Positioned in the epicenter of retail in the market, The Court at Deptford located in Deptford Township, NJ is a shining example of what is possible when real estate value creators are determined to unlock the true potential of their assets. Acquired back in 2014, the 362,000 SF open air value oriented shopping center was struggling with an occupancy rate of only 34 percent. With a prime location in a very strong market, this center was an ideal candidate for a renovation program that included major redevelopment and remerchandising efforts. The DLC Leasing, Construction and Management teams collaborated to turn problems into possibilities. The scope of this extensive multi-million dollar renovation project included a complete façade modernization, new roofing, parking lot improvements, LED lighting work to sidewalks and streetscape enhancements. Additionally, a creative leasing strategy was put in place to bring in a diverse mix of both national and local retailers to serve the best interests of the community.

Currently the center boasts an occupancy rate of 92% and has a robust mix of retail and service providers including food & beverage tenants and specialty retailers such as Burlington, Hobby Lobby, Ashley Furniture Outlet, Shoe Carnival, Kirkland’s, Kids First Swim School, Red Lobster, Olive Garden, Pier 1 Imports, European Wax, Launch Trampoline Park and more. This strategic effort helped revive the center into a popular destination where families can dine, shop and even take a swimming class, all in one location.

“When we first acquired the center we saw a lot of potential to add value and become a major player in the trade area. And I’m happy to say we’ve done just that.” – Chris Ressa, Executive Vice President & Chief Operating Officer DLC Management Corp.

Speakers and Panels

Camden's Revival

Nick Cangelosi

Nick Cangelosi

Vice President, Development, The Michaels Organization
Janine Owens

Janine Owens

Chief Development Director, Camden, Confier Realty
Joe Myers

Joe Myers

COO, ​Cooper’s Ferry Partnership
Louis Cappelli, Jr.

Louis Cappelli, Jr.

Freeholder Director, Camden County
Greg DiBona
Moderator

Greg DiBona

Associate, Bohler Engineering
Phil Borst

Phil Borst

Founding Principal, Scungio Borst & Associates

The Future of CRE in South Jersey

David Ginsberg

David Ginsberg

Senior Project Director, WinnDevelopment
Joel Bergstein

Joel Bergstein

President, Lincoln Equities Group
Chris Ressa

Chris Ressa

EVP & COO, DLC Management

Venue

The Court at Deptford
1500 Almonesson Rd
Deptford Township, NJ 08096

Space B3A (Between Ross Dress For Less and Shoe Carnival)

Floor: 1st


Parking Information:

Parking: Free self parking in the lot in front of the building 

Get Directions

Agenda

Time Activity
7:30 AM
8:30 AM
Coffee, Breakfast, & Networking!
8:30 AM
9:15 AM
Camden's Revival
9:15 AM
10:00 AM
The Future of CRE in South Jersey
Is Camden's boom having a negative impact on submarkets and what is in store for Atlantic City?
10:00 AM
10:30 AM
More Networking!

Summary

1. Is Camden’s office boom having a negative impact on the rest of South Jersey?

 
2. Schulson restaurants in Camden? A few years ago, some would have laughed at that idea, but now it’s a reality. What opportunities are driving investment in Camden?
 
3. Cherry Hill remains the prize retail submarket of South Jersey, being the only one to post positive absorption over the past year. How has Cherry Hill differentiated itself from the rest of the region? 
 
4. Last summer the Hard Rock and Oceans Resort opened. Is this casino boom the push Atlantic City needed to get back on track? 
 
5. Which asset classes are primed to see the largest margins of growth in 2019?

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