Value Retailer Joins Tenant Mix at Walters Group Shopping Center

Retail store chain Five Below’s newest Ocean County location at Stafford Park Shopping Center is now open for business. The 400,000-square-foot shopping center is owned and managed by Walters Group.

“We are thrilled to have Five Below join the growing mix of leading national retail brands at Stafford Park,” said Ed Walters Jr., president and founder of Walters Group.

The 8,176-square-foot Five Below store is the third location in Ocean County. Catering to pre-teens, teens and their parents, the extreme-value retailer offers a broad assortment of merchandise that sells for $5-or-under.

Co-anchored by Costco and Target, Stafford Park Shopping Center features a diverse retail mix including, PetSmart, Dick’s Sporting Goods, Best Buy, Olive Garden, AT&T, The Vitamin Shoppe and Ulta Beauty.

Stafford Park is a LEED® -certified mixed-use redevelopment with the majority of retail tenants attaining LEED-Silver certification. The shopping center is situated directly off the Garden State Parkway Exit 63. Stafford Township is a thriving community located just 57 miles from Philadelphia and only 38 miles from Atlantic City.

Philadelphia-based Five Below is a publicly traded company that has been growing rapidly throughout the country. To date, it has 244 stores in 18 U.S. states. Most stores are located in the Northeast and Midwest, according to the retailer website.

For more than 30 years, Walters Group has been engaged in the successful development, management and sale of award-winning multifamily, single-family, affordable housing, student housing and mixed-use real estate.

For more information, visit www.walters-group.com.