This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Whole Foods Market To Open First Cherry Hill Township Location At Ellisburg Circle Shopping Center

CHERRY HILL, N.J., Feb. 14, 2013 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) announced today that Whole Foods Market (NASDAQ: WFM), the world's leading natural and organic supermarket and America's first national certified organic grocer, will open its first Cherry Hill Township location at Ellisburg Circle Shopping Center at Route 70 and Kings Highway in Camden County.

The grocer will occupy a 47,000 square foot space of Ellisburg Circle's 267,000 square feet of total space and is expected to open in 2014.  "The Whole Foods Market concept and overall shopping experience is a perfect match for the Cherry Hill market," said John Hendrickson, Northeast Regional Chief Operating Officer for Federal Realty Investment Trust, "We are excited to bring such a tremendous and needed amenity to the community."

Acquired by Federal Realty in 1993, Ellisburg Circle Shopping Center is a regional shopping destination anchored by Buy Buy Baby and Stein Mart, with a merchandising mix currently comprised of more than 25 additional stores.  "Whole Foods Market will meet our customers' growing desire for a grocer with the widest and highest-quality of natural and organic foods and products while providing opportunity to further enhance the remaining tenancy and our vision of the property," said Lance Billingsley, Director of Anchor Tenant Leasing for Federal Realty Investment Trust. 

"Furthermore, the addition of Whole Foods Market is consistent with Federal Realty's sustainable efforts and continues our reinvention of Ellisburg Circle Shopping Center." Billingsley added.  In 2012, the installation of roof and ground mounted solar panels was completed to meet approximately 20% of the electric needs for the tenants and common area of the Center. In addition, rain gardens were designed to enhance the atmosphere while purifying waters. To further the Center's transformation, Federal Realty will complete cosmetic upgrades to coincide with the Whole Foods Market opening. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs