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NRDC always busy with Wal-Mart stores.


Wal-Mart recently celebrated its grand opening at National Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 & Development Corp.'s (NRDC NRDC Natural Resources Defense Council
NRDC National Research and Development Centre (Institute of Education, London)
NRDC National Realty & Development Corp.
) Whitehouse Station located at the Intersection of Highway 22 and Island Road in Hunterdon County, NJ.

The 119,040 s/f Wal-Mart store is located in a redevelopment of the former Laneco Supermarket. Wal-Mart currently operates 31 Wal-Mart discount stores in New Jersey of which eight are located in shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  owned and managed by NRDC.

Currently under construction by NRDC in Rockaway Rockaway, narrow peninsula, c.10 mi (16 km) long, SW Long Island, SE N.Y., in Queens borough of New York City. Separating Jamaica Bay from the Atlantic Ocean and isolated from the rest of New York City, the densely populated peninsula owes its growth to road and rail , NJ, is another Wal-Mart anchored shopping center scheduled to open in February 2005.

Also under construction are expansions of existing Wal-Mart stores in NRDC's portfolio to supercenters.

NRDC also has seven additional projects planned for the next two years that collectively will add more than 2.2 million square feet to its 14 million square foot retail portfolio.

Construction has begun or is scheduled to commence by early summer on most of the projects, which include the Target anchored 242,000 s/f Hadley Shopping Center II located in South Plainfield South Plainfield, borough (1990 pop. 20,489), Middlesex co., NE N.J.; inc. 1926. It is the seat of several research and consulting firms and has plants that make chemicals, plastics, spices and flavorings, cosmetics, rubber products, pigments, electrical machinery, , NJ; the 110,000 s/f Commons in Phillipsburg, NJ.
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Article Details
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Title Annotation:National Realty and Development Corp
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 31, 2004
Words:177
Previous Article:Queens rezoning restricts construction.(Brief Article)
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