Mount Laurel – A Birmingham-based real estate investment firm, Premium Property Trust has acquired three buildings in Mt Laurel’s town center for an undisclosed amount.PPT announced that it has acquired the Robinson, James and Croft buildings in Mt Laurel’s town center from EBSCO Industries.
In the announcement, company officials said that PPT will own and operate all three buildings, with plans for improvements and a leasing strategy aimed at injected more vitality into the town center.
PPT’s plans will roll out in phases as tenant discussions, design work and improvements move forward. The project includes a coworking and flexible workspace concept for entrepreneurs, small businesses and professionals. They are also recruiting a restaurant operator to bring the former La Paz space back to life as a dining destination.
Across all three buildings, PPT plansa mix of restaurants, retailers, services and workplaces.
