Wasa Properties Announces the Opening of Aldi at Heritage Square

Brooklyn, NY – Wasa Properties announces the opening of Aldi at Heritage Square located along Route 1 in South Brunswick Township, New Jersey. Aldi opened its new 21,429 square foot store at Heritage Square replacing a former Best Buy. Aldi has opened more than 2,000 stores across 36 states and are on track to become the third-largest grocery retailer by store count. Aldi is a strong addition to the existing lineup of national retailers at Heritage Square including Target, ShopRite, Bob’s Discount Furniture, Chase Bank, Subway and Dunkin Donuts. Heritage Square is located along US Route 1 which is one of the busiest roadways in the State of New Jersey with approximately 60,000 vehicles passing daily. The property benefits from the dense and affluent population with approximately 113,548 people residing within a 5-mile radius with $150,686 average household income.

About Wasa Properties

Wasa Properties is a New York City based real estate investment and operating firm currently executing an opportunistic strategy focused on repositioning income generating distressed and deep value-add opportunities, well located within dynamic target markets throughout the northeast, southeast, and southwest. Wasa Properties has grown organically, acquiring one property at a time since the firm’s inception in 2004 to over 2 million square feet of assets currently under management.

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