www.marej.com M id A tlantic Real Estate Journal — Retail Development Reimagined — October 30 - November 12, 2020 — 11A R etail D evelopment R eimagined www.marejournal.com M id A tlAntic Real Estate Journal — Commercial Office Properties — February 23 - March 15, 2018 — 1C Giletto, Ploshansky and Gries facilitate sale along King’s Highway in Cherry Hill, NJ Vantage Commercial executes new retail lease in Haddon Heights, NJ

HERRY HILL, NJ — Vantage Commercial announced another suc- cessful retail lease, this time at Plaza 500 located at 507 Black Horse Pike, Haddon Heights. Plaza 500 is a well located shopping center with excellent visibility and signage on the heavily traveled Black Horse Pike. Pho Ha Bac joins a diverse roster of co-tenants including Klassy Nails, Always Available Locksmith, and Cut- ting Room Hair Care. This will be the fourth restaurant in the center, establishing Plaza 500 as a premier quick service restaurant destination for Had- don Heights and surrounding towns. The center is in close proximity to I-295 and Rtes. 76 and 30. Monica Walsh , director of client services, and Mike Gries , sales associate at Van- tage Commercial, worked close- ly with ownership and new tenants Quang and Thuy Ha to facilitate a smooth transaction. Gries was both professionally and personally thrilled with the new restaurant option. “I C

Plaza 500

1250 N. King’s Highway

can’t wait for the opening. I have lived in Haddon Heights for years and have been crav- ing more international options. This is a fantastic spot to have less than a mile from home,” he said. Thuy Ha was pleased with both Vantage and the prospect of bringing Vietnamese cuisine to the center. “Working with Vantage was a great experi- ence. Mike helped us identify a perfect location.” “Gries and Walsh did a great job finding a new tenant in a

challenging time. Their for- titude and follow-up is the hallmark of how Vantage Com- mercial has performed for us. Once again, our center is now fully leased!” stated ownership. In a separate transaction, Vantage Commerc ial an- nounced the sale of 1250 N. King’s Highway, Cherry Hill, NJ. The former Vitarelli ’s Restaurant and Catering Hall is a 5,000 s/f free-standing building. This site, set to be repurposed as a retail store, has excellent visibility and

signage, is situated among densely populated residential communities, and is located in very close proximity to Rtes. 70 and 38. Corinne Giletto , senior advisor, Aran Ploshansky , director of operations, and Mike Gries , sales associate at Vantage Commercial, worked together to help facilitate this transaction. “With the location along a busy stretch of King’s High- way with close proximity to Route 70 and the Ellisburg

Circle Shopping Center – we are confident the new owners are well-positioned for suc- cess,” Gries said. Ploshansky saw the sale as characteristic of Vantage Com- mercial’s recent successes. “Vantage’s headquarters is in Cherry Hill and we continue to strengthen our footprint in the region. We are thrilled to facilitate innovation and transformation in the region by bringing new uses to older spaces and we look forward to continuing to do so.” MAREJ



Julius Borrus Broker & President Borrus Associates 340 Rte 35 South Red Bank, NJ 0771 P: 908-839-0052

borruscommre@aol.com A Member Of The International Council Of Shopping Centers NY, NJ, CT, PA INVESTMENT REAL ESTATE

1873 ROUTE 70 EAST, SUITE 1C, CHERRY HILL, NJ 08003 111 S. INDEPENDENCE MALL EAST, SUITE 500, PHILADELPHIA, PA 19106 CONTACT US - NJ: (856) 797-1919 PA: (267) 800-7899 E: INFO@VANTAGERES.COM www.VantageRES.com

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