11-9-18

Real Estate Journal — Pennsylvania — November 9 - 22, 2018 — 3C

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M id A tlantic

P ennsylvania With the addition of Best Buy, both Red Rose Commons andWhitman Square are fully leased Best Buy to open at The Goldenberg Group’s Lancaster & NE Philadelphia shopping centers

ANCASTER COUN- TY, PA — The Gold- enberg Group has signed leases with Best Buy at two of its shopping center locations: Red Rose Commons in Lancaster County and at Whitman Square in Northeast Philadelphia. With the addi- tion of Best Buy, both centers are now fully leased with en- gaging retail mix tailored to suit the area’s demographics. Best Buy replaces HHGregg, joining Home Depot, Home Goods, Old Navy, OfficeMax, Barnes & Noble, Weis Mar- ket, PetSmart, Party City, Verizon, Burlington and Plaza Azteca at Red Rose Commons on Rte. 30 at Fruitville Pike in Lancaster. The consumer electronics retailer will also take over space formerly occu- pied by HHGregg at Whitman Square on Roosevelt Blvd. at Grant Ave., which is home to Walmart, Michaels, Lowes Home Improvement, Ashley Home Store, Famous Foot- wear, Famous Dave’s, Petco, Rite Aid, Longhorn Steak- house, Buffalo WildWings and Chick-fil-A. “Best Buy understands changes in consumer shop- ping behavior and has evolved, recreating retail that offers a dynamic shopping experi- ence for our customers,” said Daniel Sonnentag , senior VP of leasing for The Golden- berg Group. “It’s become an attraction and a destination where shoppers can touch, feel and ask questions about new technology.” L

tenant bases. Signing Best Buy at Red Rose Commons and Whitman Square brings the number of locations at shopping centers owned and operated by The Goldenberg Group to three. Best Buy is also located at the Columbus Commons Shopping Center in South Philadelphia, which includes Philadelphia’s first and only IKEA. “The Goldenberg Group benefits from premier retail locations and we are deliberate about our tenant mix,” Son- nentag said. “We look forward to continuing to bring exciting retail to great markets.” 

of regional and national re- tailers, as well as the centers’ restaurants. He added that Best Buy’s decision to relocate both stores from nearby loca- Red Rose Commons in Lancaster County

Sonnentag said having the biggest and best-in-class con- sumer electronics retailer at each of these locations comple- ments the existing tenant mix

tions to Red Rose Commons and Whitman Square signals the strength of the market and Best Buy’s confidence in the shopping centers’ respective

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