8A — October 30 - November 12, 2020 — Retail Development Reimagined — M id A tlantic Real Estate Journal


R etail D evelopment R eimagined

Vlamis, CNE and Perich, CCIM negotiate sale of Former Liztech Jewelry building KW Commercial, The Daniel Perich Group inks sale of landmark building in East Stroudsburg, PA E

Jewelry consists of 9,872 s/f on three stories. Building is situated along Crystal Street near Jimmy’s Ice Cream and surrounded by various retail, offices, and restaurants. The buyer, Jimmy Ferraro, who plans to renovate the building over the next few months to accommodate new retail and apartments says, “It’s been a pleasure working with Daniel Perich. I believe in the Poconos and I believe Crystal Street is becoming an awesome block. With the possibilities of a winery or brewery coming into the space, [it] will give people more of a reason to stay local.” KW Commercial, The Dan- iel Perich Group is one of the leading commercial real es- tate brokerages in northeast Pennsylvania representing clients and customers on their commercial and investment real estate needs. In addition, The Daniel Perich Group also offers consulting services, tenant procurement, property evaluations, and investment analysis. MAREJ Divaris completes retail transactions totaling 19,993 s/f MarlowHeights Shopping Center TEMPLE HILLS, MD — Divaris Real Estate, Inc. (DRE) , announced the comple- tion of two lease transactions totaling 18,845 s/f of retail space in Maryland. The CajunCrab leased 10,615 s/f of retail space in the Divaris- leased Marlow Heights Shop- ping Center located at 4255- 4256 Branch Ave. in Temple Hills, MD. Joe Farina and Chris Saa represented the landlords. DaVita Kidney Care leased 7,830 s/f of space in the Divaris- leased Riggs Plaza located at 5735-5815 Eastern Ave. in Hyattsville, MD. Farina repre- sented the landlord. Simply Panache Products leased 1,148 s/f of space in the Divaris-leased property located at 23 South Mallory St. in Hampton. Missy Mar- tinovich represented the landlord. MAREJ

A S T S T ROUD S - BURG, PA — KW Commerc ia l , The Daniel Perich Group an- nounced the sale of the for- mer Liztech Jewelry build- ing at 93 Crystal St. in East Stroudsburg. George Vlamis, CNE , managing partner of KW Commercial, The Daniel Perich Group represented the seller and Daniel M. Perich, CCIM , managing director of KW Commercial, The Daniel Perich Group represented the buyer. The landmark bui lding and former home of Liztech

93 Crystal Street


KW Commercial, The Daniel Perich Group is a team of real estate professionals who specialize in commercial, industrial and investment real estate. With nearly a century of combined experience and hundreds of millions of dollars in transactions, The Daniel Perich Group has become the premier commercial real estate company in the Pocono Mountain and Lehigh Valley markets. Their alliance with KW Commercial gives them a national platform while their local roots connect them to the community as is evident by their dominance each year over the competition.


744 Main Street, Second Floor Stroudsburg, PA 18360


www . d p c omg r o up . c om

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