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$1B Netflix Studio Sparks Plans To Transform Jersey Shore Plaza
A long-struggling Jersey Shore shopping plaza is getting a second chance.
TFE Properties, LLC has acquired Orchard Plaza, a 10-acre retail center on Route 35 South in Oakhurst, the company announced.
The plaza, which first opened in 1980 as a booming retail hub, has faced growing vacancies over the years. Now, the East Windsor–based developer is planning a full-scale revival.
“Monmouth County is an ever-growing destination for residents, vacationers, commuters, and businesses,” said Carey Tajfel, the president of TFE Properties. “And with the new Netflix production facility coming to the f…
