"Jay Several of Several Properties Group acquired the former Cherry Hill Toyota property in Cherry Hill, NJ and plans to redevelop part of it into a retail strip center. The 15,500-square-foot repair and service building and the 10,000-square-foot showroom, located at 50 Haddonfield Rd. in the North Camden County submarket, had been vacant for about six months.
The showroom is being redeveloped and is currently waiting on approvals from the county. Advanced Auto Parts has already submitted a letter of intent to lease space once the project is complete. This is the second redevelopment project Several Properties Group has been a part of; the company also redeveloped 818 Haddonfield from an industrial building into a strip center, which was fully leased prior to its completion in mid-2010. Several added that he has plans for another project in the same Haddonfield corridor, but he isn’t releasing any plans yet."
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