EDENS To Begin Renovations On Closter Plaza In Closter, New Jersey

CLOSTER, N.J., May 29, 2015 /PRNewswire/ -- EDENS, one of the nation's leading retail real estate owners and developers, has officially acquired permits to begin renovation of the highly anticipated Closter Plaza Retail Center in Closter, New Jersey.

Acquired by EDENS in 2012, the Bergen County shopping center will begin renovations this summer. The redevelopment of the 208,000 square foot Closter Plaza will include improved design, renewed gathering places and a curated merchandising mix, which are all envisioned to enrich the community and offer opportunities for the entire community to come together and connect on a routine basis.

The center's anchor, Whole Foods Market, is expected to open in 2016. Notable existing tenants that have a long tie to the community will continue to operate at Closter Plaza, including Rudy's Ristorante and Pizza, Massage Envy, PNC Bank and Bow Tie Cinemas, among others.

"EDENS is excited to be able to move forward with restoring Closter Plaza in a manner that is reflective of the vitality of the community," said David Germakian, EDENS Director of Development.

Closter Plaza was originally built in the 1960s.

For more information on EDENS, please visit www.edens.com.

About EDENS:
EDENS develops, owns and operates community shopping centers in primary markets across the country. Focusing on innovative development and redevelopment together with key acquisitions in urban areas, the company has built an institutional-quality portfolio of 136 retail centers. EDENS has Regional headquarters in Boston, Washington, D.C., Atlanta, Miami, Houston and Columbia, SC. For additional information about the company and its retail Real estate portfolio, please visit www.edens.com.

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SOURCE EDENS