Tice’s Corner in Woodcliff Lake Sold for $109.5 Million

Tice’s Corner, the popular open-air shopping center in Woodcliff Lake, has been sold for $109.5 million to Massachusetts-based WS Development. The sale, announced on October 30, 2026, marks a change in ownership for one of Bergen County’s established retail destinations.

The 120,000-square-foot shopping center, located at 441 Chestnut Ridge Road, is home to 28 stores and restaurants, including Apple, Anthropologie, J.Crew, Free People, Madewell, Athleta, Bluemercury and Ethan Allen.

The transaction was arranged by David Adam Realty and Cushman & Wakefield, which represented the seller and buyer, respectively. According to the brokerage firms, the sale ranks among New Jersey’s largest transactions involving a single retail property in the past decade.

What’s Planned for Tice’s Corner?

WS Development plans to build on the shopping center’s existing retail lineup by introducing additional national brands and local businesses, with an emphasis on shopping, dining, beauty and wellness.

The company also outlined plans for art displays, community events, improvements to outdoor gathering areas and other activities intended to bring more visitors to the property.

Specific new tenants and a timetable for the proposed changes have not yet been announced.

Founded in 1990, WS Development owns and manages more than 100 properties across the United States, including shopping and dining destinations in Massachusetts, New York, Florida and California.

From Tice’s Farms to Tice’s Corner

For generations of Bergen County residents, the Tice’s Corner property is closely associated with Tice’s Farms, whose history dates back to 1808. The former farm was known for its apples, fresh cider, pumpkins and fall traditions before the property was redeveloped.

Tice’s Corner opened in 2001, replacing the longtime agricultural landmark with an open-air shopping center.

In announcing the acquisition, WS Development acknowledged the property’s history and its importance to the surrounding community.

“We’re honored to carry that story forward,” said Eric Smookler, vice chairman and co-chief investment officer of WS Development, referring to the site’s history as Tice’s Farms.

For more information about the shopping center and its current businesses, visit Tice’s Corner.