NEW BRUNSWICK, NJ—As the final storefront in Ferren Mall closes, the powerful government agency that owns the vacant structure has entered into an agreement with a developer to market their prime real estate.
On the April 21 New Brunswick Parking Authority (NBPA) Board of Commissioners meeting, the board approved an exclusive marketing deal to let the New Brunswick Development Corporation (DEVCO) recruit tenants for potential large-scale developments on the large site.