Real estate investment trust PREIT on Friday said new tenants have signed on as additions to its flagship Cherry Hill Mall as the mall owner continues to drive the quality of the tenant base, building off of strong sales, traffic and new retailer introductions.
Joining recently-opened Warby Parker and Marc Cain, PREIT announced that first-to-portfolio leases have been executed with popular fashion brands Psycho Bunny and Levi’s for Cherry Hill Mall.
Psycho Bunny, expected to open in mid-2023, is the brainchild of British fashion designer Robert Godley and American clothier Robert Goldman, both veterans in the menswear industry.
Levi’s, expected to open this holiday season, will be the only full-price store in the South Jersey market.
The mall is also set to welcome one of two Rumi Life stores in the market.
Eddie V’s, a prime quality seafood restaurant, offering a fine dining experience, is expected to open its first South Jersey location and second in the state at the property in spring 2023. This high-quality offering adds to an already dynamic full-service dining lineup comprised of the Capital Grille, Seasons 52, Maggiano’s Little Italy and Bahama Breeze.
Cherry Hill Mall is a premier shopping and dining destination in Philadelphia’s eastern suburbs. As of June 30, it had an impressive 96.2% occupancy.
“Cherry Hill Mall continues to attract leading retailers driving it to the next level of super-regional, fashion destinations,” Joseph Coradino, CEO of PREIT, stated. “Serving the densely-populated Philadelphia suburbs, our premier tenant mix puts it squarely in the nation’s top-tier malls. These highly sought-after brands attract new customers and retail and dining establishments that serve as a catalyst for value creation.”