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RD Management Signs Lease with Children of America at The Shoppes and Residences at Renaissance Square in Marlton, NJ

04/16/2018

Children of America joins the newly redeveloped mixed-use center

NEW YORK—April 16, 2018—RD Management LLC, one of the nation’s largest privately held real-estate development and management organizations, announced today a lease agreement with Children of America at The Shoppes and Residences at Renaissance Square in Marlton, New Jersey. Children of America will occupy a 10,000-square-foot space with an additional 4,000-square-foot outdoor play area at the center, which is undergoing a $70 million redevelopment.

Children of America, a leader in childcare and education, is committed to building a solid foundation for future learning for children, as well as helping families find the child care they need. The curriculum at Children of America combines superior educational products, devoted teachers and staff, and unmatched security measures to create an environment for children to learn, create, and succeed. Children of America manages 65 child care centers employing more than 2,000 staff members in New Jersey, Delaware, Illinois, Indiana, Massachusetts, Maryland, New York, North Carolina, Ohio, Pennsylvania, Virginia, and Wisconsin.

“As a leader in early childhood education, Children of America brings a valuable component to The Shoppes and Residences at Renaissance Square,” said Richard Birdoff, principal and president of RD Management. “Educational uses in shopping centers are gaining in popularity, and we’re excited Children of America chose our location to service families in the Marlton community. As our redevelopment continues, we look forward to welcoming more quality tenants that will complement our current roster of businesses and hosting grand openings.”

Located on the highly-trafficked Route 70, The Shoppes and Residences at Renaissance Square, when completed, will be a mixed-use center encompassing 583,858 square feet of residential luxury apartments (338 units), retail, restaurants, medical, office, and commercial space. The portion of the facility that faces Route 70 will be converted into an open space and park complete with new jogging paths, walkways, and a pond. Current tenants include Virtua Medical Group and TD Bank. Evesham Mortgage, Gaetano’s Pizzeria & Cheesesteaks, Pink Petal Mani Pedi, Dunkin’ Donuts, Hair Cuttery, La Scala Italian Restaurant, and La Vez Mexican Restaurant will be joining the center. A new pylon sign along Route 70 will allow tenants to feature their businesses on sign panels.

RD Management owns 21 properties in New Jersey and has more than 150 properties in its national portfolio. Those interested in leasing space at The Shoppes and Residences at Renaissance Square can contact Darren Sasso at (212) 265-6600 x354 or dsasso@rdmanagement.com.

About RD Management

Consistently ranked among the nation’s largest, privately held real-estate development and management organizations, RD Management owns and operates a portfolio of 150+ assets throughout the United States and Puerto Rico, with properties spanning the mixed-use, retail, office, residential, hospitality, self-storage, senior/student housing, industrial, and government sectors. RD Management specializes in development, redevelopment, and acquisitions in key markets and maintains in-house expertise in leasing, property management, construction, accounting and finance, legal, and information technology services. With more than 40 years of experience, RD Management has a proven track record of enhancing the value of its properties through hands-on management, renovation, and expansion. For more information visit www.rdmanagement.com.

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