www.marej.com M id A tlAntic Real Estate Journal — Retail De
4A — July 23 - August 19, 2021 — Retail Development Reimagined — M id A tlantic Real Estate Journal www.marej.com
R etail D evelopment R eimagined Boyer’s FoodMarkets nowhas 19 locations in Central &NEPA CAMPBELLcoordinates30,000 s/f sale for Berger’s & Boyer’s 700,000 s/f f transactio s & new agen y assignments among 2020 Levin Mgmt. ushers in 2 21 with a l ok back on progr s R etail D eve R eimagineD
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CHUYLKILL & CUM- BERLAND COUNTY, PA — Boyer’s Markets, headquartered in Orwigsburg, PA, has completed the pur- chase of the 30,000 s/f Berger’s Market in Schuylkill County. The Berger’s family oper- ated the grocery store for al- most 50 years at the current location on Lovers Lane in Pine Grove. 2020, comm rcial eal estate service fir L vinManage ment Corporation (LMC) achieved tangible pr gress – a promising sign for the industry moving into a new year. Over the pas 12months the North Plainfield based organization secured nearly 700,000 s/f of new leases and renewals, added new leasing and management assign ments, solidified its st ff with n w h r s/promotions, a d garnered several in ustry recognition . With the acquisition, Boyer’s Food Markets now has 19 lo- cations in Central and North- eastern Pennsylvania. “We are excited to serve the Pine Grove Community,” said Dean Walker, president of Boyer’s. The size of the store is perfect for our operation and the loca- tion fits well in our footprint. The Berger family did a great job of being a pillar in the community. We look forward to continuing to provide great service, and at the same time adding some new and excit- ing options for the Pine Grove consumers.” In 1949, Boyer’s was found- ed with a corner store in Or- wigsburg, PA by the late Har- old S. Boyer. Since 1949, the company has grown from that corner store, to a full-service Supermarket, ensuring that its’ customers can shop fast and save money. In Cumberland County, PA, Highligh s of LMC’s retail leasing activ ty i cluded n anchor lease with ff-price retail r Burlington Stores at Mill Creek at Harmon Meadow (Secaucus), a 24,000 s/f lease with Aqui Market Twin City Shopping Center (Bayonne) and a 20,000 s/f lease with Planet Fitness at Mayfair Shopping Cen- ter (Commack, NY). LMC’s transactional ac ivity also brought a host of renew ls as well as new retailers and service provide s to the region, pu ctuated by nearly on doz n le ses with restauran enants – several of which have lready launched opera- tio s. Other openings involved S N ORTH P L A I N FIELD, NJ — Amid the chal lenges of
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Burlington Stores at Mill Creek at Harmon Meadow The Lower Allen Township Development Authority and Campbell Com- mercial Real Estate is co firming that Trader Joe’s will occupy 12,500 s/f of retail space in Lower Allen Common .
The Lower Allen Township Development Authority and Campbell Commercial Real Estate is confirming that Trader Joe’s will occupy 12,500 s/f of retail space in Lower Allen Commons, where the former Camp Hill Bon-Ton was located. Trader Joe’s, which is known for provid- ing great, quality products at every day, affordable prices, has more than 500 stores in 42 states, including Washington DC. The location off Rte. 15 at Lower Allen Dr. will mark the first-ever Trader Joe’s store in the mid-state area. Cur- rently, the closest stores are in State College, Baltimore, and Philadelphia. Construction is underway, and the store is expected to open in early 2022. Alongside Trader Joe’s, are three small tenant spaces in the building. A lease has been signed with Sports Clips, high-profile anchors like Lidl (North Brunswick) and Burl- ington Stores (Raritan). Non-retail leasi g highlights within LMC’s diversified port - folio includ d a 135,000 s/f renewal by Hall’s Warehouse Corp. at Rutg rs Industrial Center (Piscataw y). “D spit the economic un- certainty and business-related disruptions facing ou indu - try since March, there has been progress – with certain key dynamics coming nto sharpen d focus,” aid LMC’s M tthew Harding , c ief ex- ecutive officer. “For example, p sitive la dlord/tenant rela- tions have always been impor- tant. Dur ng 2020, as tenants worked to navigate an incred- ibly difficult environment, we approached everything on a very granular basis, revi w- ing th distinctive needs and nature of each business. Like - wis , we hav do e the same with our landlord clients and their individual properties to
which specializes inmen’s hair cutting and grooming needs; a Lease is being negotiated with The Good Feet Store which offers orthotics and Brook’s running shoes; and the re- maining 1,723 s/f space is being marketed by Campbell Commercial Real Estate Inc. The project also includes a 124 room Spring Hill Suites by Marriot, developed by Spring- wood Hospitality of York, PA. The hotel will be opening in 2022. Current tenants in the proj- ect include Bonefish Grill, Texas Roadhouse and Burger King, all of whomhave recently extended their leases to remain part of Lower Allen Commons. There are two additional pad sites 1.01 Acres and 1.12 acres that will be developed for retail uses and are being marketed by Campbell Commercial Real Estate. MAREJ help them best respond to ten- ant requests and operational needs. “T i customized approach has always been central for our t am; however, this year has intensifi d the practi e to a new level that we will s stain m ving forward,” H rd added. “This is n ad- va tage we can provide ov r s e of our larger, n tionally focused pe rs.” LMC also continued o ex - pand its leasing and manage ment p rtfolio, which today totals 110 prop rti s total- ing nearly 15.5 million s/f. The fi m was appoi ed leas ing a d managing agent for Springfiel Avenue Market - place, a 112,000 s/f sup rmar- ke -anchor d prop r y at 204- 234 Springfield Ave. in New - ark. In Bergen County, LMC wa named managing gent for Marketplac at E gewa er, a 73,000 s/f shopping cen r located at 725 River Rd. in dgewater. MAREJ
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