14A — February 22 - March 14, 2013 — Shopping Centers — Mid Atlantic Real Estate Journal
www.marejournal.com
S hopping C enters
1015 Mumma Road Lemoyne, PA 717 761 5070 naicir.com
Along with Angelo, Gordon & Co. WP Realty announces the 447,037 s/f sale of Fairlawn Town Centre B RYN MAWR, PA — WP Realty and Angelo, Gordon &
Central PA’s Leading Commercial Industrial Real Estate Firm*
Our Agents:
Co. announces the sale of Fairlawn Town Centre lo- cated in Fairlawn, Ohio. Fairlawn is conveniently positioned in Summit Coun- ty, just west of Akron and 35 minutes from downtown Cleveland, the second largest city in Ohio. The University of Akron, with an enrollment of 25,000 students, is located less than five miles from the property. Fairlawn Town Centre is a 447,037 s/f community shopping center comprised of five buildings including one restaurant pad and is anchored by several na- tional and regional retail- ers including Giant Eagle, Target (separately owned), Home Goods, Pet Supplies Plus, Ashley Furniture and Marc’s. In-line retail tenants include a mix of national, regional, and local tenants including U.S. Post Office, Chuck E. Cheese, Panera Bread, GNC, Subway, and Radio Shack. WP Realty purchased Fair- lawn inMay 2010. The acqui- sition of the center included a vacant 39,840 s/f junior anchor box formerly occu- pied by Circuit City. Fair- lawn Town Centre provided MASSAPEQUA, NY — Wilbur F. Breslin , president of Breslin Realty Develop- ment Corp. , announces the firm negotiated a 16.5 year lease with Dairy Queen for its first 2,800 s/f Long Island TIMONIUM, MD — Segall Group is proud to announce that First Watch has signed a lease for its second Baltimore-
Bradley Swidler Craig Rahn Daniel Alderman
Bill Gladstone, CCIM, SIOR David Rudy Jason Sourbeer Joe Bedard, SIOR Mark Santanna M. Richard Kleiman Nathan Kranz Nik Sgagias Robin Zellers, SIOR, President
Erik Gainor Fahd Malik Harold Leibenson Ida McMurray, CCIM, SIOR Jack Shepley, SIOR James D Ross
*Based on Central Penn Business Journal Report of Commercial Real Estate Firms 2008-2013
Fairlawn Town Centre
an excellent opportunity to acquire a well-located stable grocery-anchored shopping center with considerable im- mediate upside through the lease-up of the vacant anchor and inline space. WP Realty utilized its strong relationships and expertise in leasing, devel- opment and management to solidify all tenancies and lease a majority of the 57,000 s/f of vacant space including 27,587 s/f to Ashley Fur- niture, the relocation and
expansion of Pet Supplies Plus, and the relocation and expansion of Lucky Shoes to enable a 17,000 s/f expansion of Giant Eagle. WP Realty is a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, The principals of WP Realty have extensive expertise in leasing and entrepreneurial management and turning underperforming centers around. n
FOR LEASE: OLD BRIDGE, NJ
Cheesequake Commons; is a 35,000 sf CVS an- chored neighborhood strip center.We currently have two vacancies; a 2,500 sf in-line suite and a 3,700 sf end-cap. Ciro Pizza Café recently leased a 4,755 sf end cap and is open for business. The strip center is located ¼ mile from the Matawan Train Station, and exit #120 of the Garden State Parkway. Ideal uses include; Fitness, medical, optical, dental, travel, elec- tronics, office supplies, home improvements, florist, computer store, etc.
location at 251 Park Lane, Massapequa, NY Today, the DQ® system is one of the largest fast food systems in the world, with more than 6,000 restaurants in the United States, Canada and 18 other countries. Charles Navarro of the Breslin Organization and Laura Maier of Burger King Corporation were responsible for the lease transaction. n Navarro of Breslin announces 2,800 s/f lease of Kimco represented the land- lord and Joe Fleischmann of Segall Group represented the tenant. n Fleischmann of Segall Grp. reps tenant in lease for First Watch area location at Timonium Square in Timonium, MD. The 3,520 s/f space is scheduled to open mid-2013. Scott Sellman
FOR LEASE: FLEMINGTON, NJ
A free-standing 9,600 sf store formerly occupied by Rite Aid that features 1.38 acres, up to 69 car parking, a large pylon sign and located at the traffic light entrance to The Shoppes at Flemington lifestyle center. The site, which serves the communities of Flemington, Branch- burg, East Amwell and White House is surrounded by such well known retailers as: Burlington Coat, Kohl’s, Michaels Arts & Crafts, Bed Bath & Beyond, Marshalls, Drees Barn, Talbots, Jos.A.Bank, New York & Company, J.Jill, Laynebryant, The Childrens Place, CVS, Walgreens, Staples and Home Depot. Contact: Peter Gallicchio • pgallicchio@RemcoRealty.net
Geotechnical Engineering Consultants
» Subsurface Investigations » Slope & Retaining Wall Design » Geosynthetics Design » Phase 1 & 2 Site Assessments » Construction Monitoring
» Foundation Evaluation/Design » Site Specific Response Spectrum » Sinkhole Assessment/Remedy » Vibration Analysis & Monitoring » Geotechnical & Concrete Lab Testing
REMCO REALTY GROUP, LLC 1215 Livingston Ave., Suite #2 North Brunswick, NJ 08902 (732) 253-0888 x11 www.RemcoRealty.net
GeoStructures, Inc.1000 West 9th Avenue
Ph. 610.265.1818 www.geostructures.net
King of Prussia, PA 19406
Made with FlippingBook flipbook maker