Foxmoor Shopping Center has seen plenty of activity in the last few weeks, with its sale to Penmark Management Company finally being made official.
Penmark closed on the property Sept. 13, after some delay with the bank and the final paperwork. Just hours after closing, Penmark had a clean-up crew at the plaza, replacing lightbulbs and other simple fixes. A week later, crews were at the center removing trees.
Penmark and township officials also met in late September to discuss potential tenants and create a redevelopment plan for the plaza. Robbinsville Township director of community development Hal English said Penmark has seemed eager so far to hit the ground running at Foxmoor.
“These guys are really, really anxious to rebuild Foxmoor, and so are we,” English said. “They want to fix it and spend some money on it.”
It will be a big job, particularly because the center lost two more businesses in late summer. Brothers BBQ closed in August, and Take 5 Gourmet—after shutting down regular operations in August—confirmed in a Facebook post in mid-September that it, too, will be closing.
