2C — June 28 - July 11, 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
Rock Commercial represents tenant in ,300 s/f lease SgagiasofnAICIRleases3,3 s/f space in Selinsgrove, PA
Central PA’s Leading Commercial Industrial Real Estate Firm*
ELInSGROVE, PA — Community Aid, Inc., a non-profit organization, has leased 73,535 s/f of retail space at 1060 N. Susquehanna Trail, Monroe Twp., Selins- grove. This property will be the third and largest retail location for Community Aid, Inc., founded in 2009. The 24,000 s/f headquarters for this non-profit organiza- tion is located at 4833 Carlisle Pike, Mechanicsburg. A sec- ond location at 793 Baltimore St., Hanover, boasts 32,000 s/f. This chain of charity and thrift stores has donated over $2 million to the surrounding communities. nikolas Sga- gias of nAI CIR handled the transaction for the landlord, Plaza Shopping Center As- sociates . OSS Health, an orthopedic S EASt wInDSOR, nJ — Advance Realty , a Northeast owner and developer of class A office, retail, multifamily and mixed-use properties an- nounced two leases totaling 35,000 s/f at Windsor Center. BottomDollar Food Northeast, LLC has signed a 22,500 s/f lease, while Retro Fitness has signed on for 12,500 s/f at the retail site in East Windsor. Bottom Dollar is expected to open its new 22,500 s/f store in October 2013. The soft- discount grocery store offers customers an assortment of private and national brand grocery items in an energetic shopping environment. Retro Fitness is expected to open its 12,500 s/f facility in September
Our Agents:
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 Ryan Murray
Erik Gainor Fahd Malik Harold Leibenson Ida McMurray, CCIM, SIOR Jack Shepley, SIOR James D Ross AJ Patel
1060 N. Susquehanna Trail
services company, has leased 3,600 sf of new retail space at 470 Eisenhower Dr., Hanover. nathan Kranz and Sgagias of NAI CIR represented the landlord, Eisenhower Shopping Village, and Russ Bardolf of ROCK represented OSS Health. DOCEO Office Solutions has leased 1,700 sf of retail space at 470 Eisenhower Dr., Hanover. Kranz and Sgagias represented 2013. Known for its high-value gym concept, Retro Fitness will occupy a site previously used as a fitness center, and will update it with a prototype design that has been successful nationwide. According to Advance Realty managing director Brian Ban- aszynski , both tenants were attracted to Windsor Center’s excellent visibility in a dy- namic submarket and recent property upgrades. Last year, a joint-venture partnership of Advance Realty and Structure tone Equities acquired the center with plans to re-tenant and reposition it by investing significant capital to improve the appearance and operations. Also as part of the reposition-
landlord, Eisenhower Shopping Village and Larry O’Brien of Rock Commercial Realty rep- resented DOCEO. A new Subway restaurant will open in 1,744 s/f of retail space at 7800 Linglestown Rd., West Hanover Twp. the Bill Gladstone Group of nAI CIR handled the lease trans- action between the landlord, and Subway Real Estate, LLC . n ing effort, the new ownership changed the property’s name fromWindsor Hights Shopping Center to Windsor Center. Banaszynski teamed with Fameco Real Estate partner Jay Miller and sales assistant John Krause to complete the deals on behalf of ownership. Hugh Scullin of Katz & As- sociates represented Retro Fitness, and Fameco vice presi- dent Scott Dennis represented Bottom Dollar. “Bringing well-established brands such as Bottom Dollar and Retro Fitness to Windsor Center is an important step in our repositioning effort, and we anticipate other top retailers will soon follow suit,” Banaszynski said. n
*Based on Central Penn Business Journal Report of Commercial Real Estate Firms 2008-2013
Advance Realty, Fameco & Katz Assoc. complete lease signings totaling 3,000 s/f
Services offered include: •Land Development Design and Permitting • Retail, Residential, Health Care, Industrial • Boundary and Topographic Surveys •ALTA/ACSM Land Title Surveys •Accident Scene Surveys •Stormwater and Drainage Design, Planning and Permitting • Forensic Engineering and Surveying • Expert testimony and Reporting • Construction Inspection, Stakeout and Project Administration •Development Feasibility, and Zoning Analysis •Value Engineering Analysis Civil Engineering • Land Surveying Landscape Architecture
William Penn Commons Bethlehem Township, PA
• Retail and Office Space Available • Excellent location 1⁄4 mile away from Route 33 • Close Proximity to the New St. Luke’s Anderson Campus and LVIP VI • Signalized - High-volume entrance • In-line & Stand-alone pads available for sale/lease 610.332.9900 www.alt-realty.net
1149 Skippack Pike |Blue Bell, PA 19422 Tel: 610.277.9441 |Fax: 610.277.9897
rblue@robertblue.com www.robertblue.com
Residential • Commercial • Retail • Relationships • Versatility
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