Ailing Phillipsburg Mall under contract to be sold to developer, which plans 850,000-square-foot warehouse
With only a few tenants remaining, the aging Phillipsburg Mall may not have much to offer shoppers these days, but an outside developer sees the property as a prime piece of real estate for a warehouse.
At a Lopatcong Township Council meeting Wednesday night, private real estate development firm CRG of St. Louis presented plans to buy the property and build an 850,000-square-foot warehouse to replace the once-thriving shopping center.
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