The Grove at Shrewsbury

{{Use mdy dates|date=April 2025}}

{{Use American English|date=February 2025}}

{{Infobox shopping mall

| name = The Grove at Shrewsbury

| image =

| caption =

| location = Shrewsbury, New Jersey, USA

| opening_date = 1988

| developer = Metrovation

| manager = Metrovation

| owner = Metrovation

| number_of_stores = 40

| number_of_anchors = 5: Brooks Brothers, Anthropologie, J. Crew, Williams Sonoma and Banana Republic

| floor_area = {{convert|150,000|sqft|m2|abbr=on}}

| floors = 1

| website = [http://www.thegroveatshrewsbury.com www.thegroveatshrewsbury.com]

| parking = Parking lot

| publictransit = {{bus icon|12px}} {{rint|njt|60px}} NJ Transit bus: 831, 832

| coordinates ={{Coord|40.3319|-74.0612|region:US-NJ_type:landmark|display=inline,title}}

}}

The Grove at Shrewsbury is an upscale lifestyle center located on Route 35 in Shrewsbury, New Jersey, United States, {{convert|1|mi|km}} south of downtown Red Bank. The center opened in 1988 and has a gross leasable area of {{convert|150000|sqft|m2|abbr=on}}.{{cite web |url=http://www.metrovation.com/east.html |title=Properties East |access-date=2008-06-15 |url-status=dead |archiveurl=https://web.archive.org/web/20080526034954/http://metrovation.com/east.html |publisher=Metrovation |archive-date=2008-05-26}}.{{Cite web|last=Columbus|first=Gina|title=Outdoor shopping malls sparkle with style at the Shore|url=https://www.app.com/story/life/style/indulge/2014/07/28/nj-outdoor-shopping-malls/13183931/|access-date=2022-02-08|website=Asbury Park Press|language=en-US}}{{Cite web|last=Works|first=Amy|date=2017-09-26|title=HFF Secures $43.6M Refinancing for The Grove at Shrewsbury in Northern New Jersey|url=https://rebusinessonline.com/hff-secures-43-6-million-refinancing-for-the-grove-at-shrewsbury-in-northern-new-jersey/|access-date=2022-02-08|website=REBusinessOnline|language=en-US}}{{Cite book|last1=White|first1=John R.|url=https://books.google.com/books?id=oMU0RE32DmUC&dq=%22The+Grove+at+Shrewsbury%22+-wikipedia&pg=PA214|title=Shopping Centers and Other Retail Properties: Investment, Development, Financing, and Management|last2=Gray|first2=Kevin D.|date=1996-03-15|publisher=John Wiley & Sons|isbn=978-0-471-04002-6|language=en}}{{Cite book|last=Goodspeed|first=Diane|url=https://books.google.com/books?id=m3gOcCYNC7kC&dq=%22The+Grove+at+Shrewsbury%22+-wikipedia&pg=PA186|title=Happy Tails Across New Jersey: Things to See and Do with Your Dog|date=2006|publisher=Rutgers University Press|isbn=978-0-8135-3848-8|language=en}} A lifestyle center is a shopping center or mixed-use commercial development that combines the traditional retail functions of a shopping mall but with leisure amenities oriented towards upscale consumers. The Grove at Shrewsbury was developed and is managed by Metrovation.

The center contains 40 stores and is anchored by Brooks Brothers, Anthropologie, Williams Sonoma, J. Crew and Banana Republic.[https://www.sec.gov/Archives/edgar/data/1258361/000153949717001486/n1025_x2-tsr.htm Loan 7: The Grove at Shrewsbury], Securities and Exchange Commission. Accessed December 10, 2023. "As of July 1, 2017, The Grove at Shrewsbury Property was 98.6% occupied by 34 tenants, none of which occupy more than 8.8% of the net rentable area. The largest tenants are Brooks Brothers, occupying 13,000 SF, Anthropologie, occupying 12,000 SF, Pottery Barn, occupying 11,235 SF, The Gap, Inc., occupying 10,859 SF and Banana Republic, occupying 8,000 SF."

History

The Grove at Shrewsbury, New Jersey's first lifestyle center, opened in March 1989. The first major store was Epstein's. By August, 37 of the 40 units were occupied.{{Cite news|date=1989-08-26|title=Mall exceeding its expectations|pages=5|work=Asbury Park Press|url=https://www.newspapers.com/clip/95666214/mall-exceeding-its-expectations/|access-date=2022-02-20}} Epstein's would later close; Sealfon's, another upscale, regional New Jersey department store, opened in its place in 1994.{{Cite news|date=1994-04-12|title=Epstein's Grove store changing owners|pages=10|work=Asbury Park Press|url=https://www.newspapers.com/clip/95665984/epsteins-grove-store-changing-owners/|access-date=2022-02-20}} That store also went out of business. The space was eventually subdivided and in its place opened a flagship Brooks Brothers and Anthropologie, Monmouth County's first.

Peloton opened a store in 2021.{{Cite web|last=Willis|first=David P.|title=Peloton coming to the Grove at Shrewsbury, and that's not all|url=https://www.app.com/story/money/business/main-street/whats-going-there/2021/08/04/peloton-grove-shrewsbury/5466725001/|access-date=2022-02-08|website=Asbury Park Press|language=en-US}}

Victoria's Secret and Pink closed in 2020.{{Cite web|last=NJ.com|first=Nicolette Accardi {{!}} NJ Advance Media for|date=2020-08-12|title=Victoria's Secret, PINK stores in Shrewsbury have permanently closed|url=https://www.nj.com/business/2020/08/victorias-secret-pink-stores-in-shrewsbury-have-permanently-closed.html|access-date=2022-02-08|website=nj|language=en}} Eddie Bauer closed in January 2019.{{Cite news|last=Willis|first=David P.|title=Eddie Bauer pulling out of The Grove in Shrewsbury|url=https://www.app.com/story/money/business/main-street/whats-going-there/2019/01/05/eddie-bauer-closing-grove-shrewsbury/2485741002/|date=2019-01-05|access-date=2022-02-08|newspaper=Asbury Park Press|language=en-US}}

References

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