8A — February 26 - March 10, 2016 — ICSC Mid-Atlantic Conference & Deal Making — Shopping Centers — M id A tlantic

Real Estate Journal www.marejournal.com

S hopping C enters

Equity Retail Brokers represents Starbucks

AYWOOD, NJ — CBRE FAMECO , the retail division of Danielle Brunelli of RJ Brunelli & Co reps. lessee Winters of CBRE FAMECO secures full-building lease M represented Dollar Tree.

mile radius. Its location offers immediate proximity to Rtes. 17, 4 and 46, as well as to I-80. CBRE FAMECO, which was formed when CBRE acquired FAMECO Real Estate in 2013, specializes in the shopping center industry and retail real estate services while utilizing CBRE’s global real estate plat- form. CBRE FAMECO’s servic- es focus on retailer representa- tion, owner representation, as- set and property management, and investment sales. CBRE is aggressively growing its retail services group throughout its platform. n

“The owner of 125 Essex Street was seeking a full-build- ing, national tenant,” said Winters. “By securing this lease with Dollar Tree, a national credit tenant in a timely fash- ion, we were able to efficiently meet and exceed all of the owner’s expectations.” 125 Essex St. is located in the heart of Bergen County – one of northern NJ’s most active, dynamic retail hubs. The prop- erty offers convenient access to the more than 600,000 people living and nearly 300,000 em- ployees working within a five-

CBRE Group Inc. has se- cured a long t e rm l eas e with Dollar Tree to fully occupy 125 Essex St. in M a y w o o d , a 10,974 s/f building.

Conshohocken, PA — Rich Zeller , Rob Samtmann and Brian Wherty of Equity Retail Brokers recently repre- sented Starbucks in leasing two locations with a total of 3,976 s/f on the Main Line in PA. Ze l l er , Samtmann and Wherty represented Starbucks in leasing 1,760 s/f in a Whole Foods anchored development

Larken Associates’ Tilghman Square shopping center is now 100% leased ALLENTOWN, PA — Since purchasing Tilghman Square Shopping Center in 2009, Larken Associates’ renovations, reasonable leas- ing rates, and marketing acumen have turned the area eyesore into an appealing lo- cation for well-known brands. Tesla has opened a Super- charger station that includes eight charging stalls for Mod- el S and Model X owners free of charge. Tilghman Square Shopping Center was chosen for its location as a midway stop between New York City and the Harrisburg corridor,” said Victor Kelly , executive vice president of Larken As- sociates “We are excited to welcome Tesla Motors to our shopping center”. “Larken’s attention to aes- thetic detail is the icing on the cake for retailers,” said Derek Zerfass, Senior Vice President, Allentown Retail Division for Colliers Interna- tional. “Its willingness to be realistic about rental rates, flexible on leasing deals, and its knowledge of the market have definitely made this property easy to lease.” n in Wynnewood, PA. The store opened in January 2016. In ad- dition, a 2,216 s/f store opened in Villanova Center, a shopping center located between Rte. 476 and Villanova University on the Main Line. It is part of a newly constructed 32,000 s/f two-story retail/office building. Over the past five years, Equity Retail Brokers has as- sisted Starbucks in opening five locations across the Main Line. Equity Retail Brokers currently represents Starbucks in Southeastern Pennsylvania, Southern New Jersey and Delaware. The Starbucks story began in 1971 with a single store in Seattle’s Pike Place Market. Today, Starbucks has more than 21,000 store in over 65 countries, serving the best cof- fee possible, one cup and one neighborhood at a time. n

Steven Winters

Steven Winters of CBRE FAMECO represented the land- lord, while Danielle Brunelli of RJ Brunelli & Co Inc.

Specializing in multi-family, Regal Bank is ready to lend.

$4,650,000 70 unit multi-family building Maple Shade, NJ

$3,500,000 31 unit multi-family building Lyndhurst, NJ

$3,500,000 30 unit multi-family building East Rutherford, NJ

$3,400,000 30 unit multi-family building Parsippany, NJ

• Loans up to $6 million

•Quick approval process

•Non-recourse loans available • Low interest rates

Livingston, Roseland, Florham Park, Millburn &West Orange

(973) 716-0600 • regalbanknj.com

EqualHousing Lender EqualOpportunity Lender

Member FDIC

Made with FlippingBook - Online catalogs