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Vantage Commercial Secures Dollar Tree as Anchor Tenant at Bloom Circle Shopping Center in Berlin, NJ

Posted on December 19, 2023

Vantage Commercial, a leading commercial real estate brokerage firm, is thrilled to announce the successful signing of Dollar Tree as the anchor tenant at the Bloom Circle Shopping Center in Berlin, NJ. Serving as the Landlord representative, Ken Richardson, VP, and John Doss, Sr. Advisor at Vantage Commercial, played pivotal roles in bringing this prominent national retailer to the thriving shopping destination.

Dollar Tree, a Fortune 200 company, has experienced remarkable growth in the market, reinforcing its position as a preferred choice for budget-conscious consumers. Recent statistics indicate that Dollar Tree has expanded its footprint, reaching new heights in terms of store count and sales revenue. The strategic decision to anchor at the Bloom Circle Shopping Center aligns with Dollar Tree’s commitment to providing affordable, high-quality products to diverse communities.

“We are delighted to welcome Dollar Tree to the Bloom Circle Shopping Center,” said Ken Richardson, VP at Vantage Commercial. “This collaboration underscores the attractiveness of our retail spaces and the strength of the Berlin, NJ market. Dollar Tree’s continued growth and success make them an ideal anchor tenant, contributing to the overall vibrancy of our shopping center.”

The Bloom Circle Shopping Center, strategically located in Berlin, NJ, has become a focal point for retail and community engagement. In addition to securing Dollar Tree as the anchor tenant, the shopping center has 6,000 square feet of additional space available, providing opportunities for businesses to join this thriving community hub. Furthermore, a fully fit-out pizza restaurant is soon to become available, adding to the diverse and dynamic tenant mix. Additionally, in a prime location within the center, the property offers a former McDonald’s pad site available for sale.

Vantage Commercial prides itself on its willingness and ability to work with the brokerage community to execute on property owners’ goals. The deal was successfully brokered by Ken Richardson, VP, and John Doss, Sr. Advisor at Vantage Commercial, who demonstrated their expertise in landlord representation, contributing to the seamless execution of the transaction.

Dollar Tree’s decision to lease space at Bloom Circle Shopping Center aligns with the company’s commitment to expanding its presence in key markets. The retailer’s success in the industry is evident, with recent statistics indicating that Dollar Tree’s annual revenue for 2023 was $28.33 billion, reflecting a 7.64% increase from 2022.

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