Maggie Holley, Sunwest Communications
Leading mixed-use developer brings market expertise to 1.3-million-square-foot retail portfolio
BRIDGEWATER TOWNSHIP, NJ. (May 1, 2020) – Trademark Property Company, the retail and mixed-use developer, investor and institutional services firm, has been hired by institutional investors advised by J.P. Morgan Asset Management to manage and lease Bridgewater Commons and the adjacent Village at Bridgewater Commons, a 1,264,155-square-foot retail portfolio in Bridgewater, New Jersey.
Located at the intersection of Route 22 and Route 202/206, bordering I-287, Bridgewater Commons is a shopping, dining and entertainment destination in Bridgewater Township in northern New Jersey. The property includes an enclosed mall with approximately 175 stores and restaurants, including premier lifestyle retailers and restaurants like Seasons 52, Microsoft, Apple, and Pottery Barn. Trademark will also manage and lease The Village at Bridgewater Commons, an open-air shopping area on the project’s campus with 11 retailers.
“Bridgewater Commons is a popular destination in northern New Jersey, and we are excited to help write the next chapter of its story and come up with ways to better serve this diverse and growing market,” said Terry Montesi, CEO, Trademark Property Co. “We have a strong track record in operating these types of complex properties, and we see a big opportunity to add even more vitality to this premier shopping and entertainment destination through property evolution initiatives, creative property management and strategic leasing efforts.”
Trademark has a 28-year track record as a developer and value-add operator and advisor to institutional investors, helping retail and mixed-use properties evolve to meet the needs and aspirations of the community. As a leading mixed-use operator and developer, Trademark is committed to making a difference and being an extraordinary steward for all stakeholders.
Trademark’s portfolio of retail and mixed-used development, redevelopment, management and leasing expertise includes a number of popular enclosed shopping centers, such Galleria Dallas, La Palmera in Corpus Christi, Texas, and Memorial City Mall and Market Street-The Woodlands in Houston. The Trademark team has also worked on several notable redevelopment projects like Victory Park in Dallas and Rice Village in Houston, as well as WestBend in Fort Worth, Zona Rosa in Kansas City, Mo., Annapolis Town Center in Annapolis, Md., and Saddle Creek in Germantown, Tenn. The addition of Bridgewater commons expands Trademark’s portfolio to 20 retail, lifestyle and mixed-use projects totaling 11.1 million square feet operated by the company across the U.S.
About Trademark Property Company
Trademark Property Company is a full-service real estate firm focused on investments, development and institutional services of experiential, mixed-use and daily needs properties. In its 28 years of business, Fort Worth, Texas-based Trademark has invested in, developed or redeveloped 18 million square feet of retail and mixed-use assets worth $3.9 billion. Trademark’s experienced team of more than 180 employees is currently responsible for a 20-property portfolio totaling approximately 11.1 million square feet of retail and mixed-use projects across the country. A leader in navigating the changing retail landscape, Trademark’s purpose is to be extraordinary stewards, enhance communities and enrich lives. For more information, visit www.trademarkproperty.com or interact on Facebook, Twitter and Instagram.
About J.P. Morgan Global Alternatives
J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With 50 years as an alternatives investment manager, $145 billion in assets under management and over 700 professionals (as of December 31, 2019), we offer strategies across the alternative investment spectrum including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds. Operating from 17 offices throughout the Americas, Europe and Asia Pacific, our 15 independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client’s specific objectives. For more information: www.jpmorganassetmanagement.com.