Trademark Tapped to Manage 1M-SF Bridgewater Commons
Trademark Property Company, based in Fort Worth, has been hired by institutional investors advised by JPMorgan 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, NJ. JPMorgan and the New York State Teachers’ Retirement System acquired Brookfield Property Partners’ stake in the portfolio last fall, Bloomberg News reported.
The one-million-square-foot Bridgewater Commons includes an enclosed mall with approximately 175 stores and restaurants, including premier lifestyle retailers and restaurants like Seasons 52, Microsoft, Apple, and Pottery Barn. The Village at Bridgewater Commons is an open-air shopping area on the project’s campus with 11 retailers.
“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,” said Terry Montesi, Trademark’s CEO.
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