Episode Details

Briarcliff Commons in Morris Plains is set to change hands for a jaw-dropping $60.5 million, with current owners Urban Edge Properties quietly keeping the buyer’s identity under wraps. The mall, home to big names like Chick-Fil-A and Kohl’s, is part of Urban Edge’s strategy to “recycle capital” — selling underperforming assets to reinvest in higher-return opportunities. Just weeks after dropping $40 million on a Virginia mall, Urban Edge is moving fast, but they’re not tipping off the public. The official deed hasn’t hit Morris County records yet, though CEO Jeffrey Olson promised the deal would close by month’s end. Who’s buying? Stay tuned — the mystery is about to unravel.

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