M id A tlantic Real Estate Journal — Retail Development Reimagined — April 23 - May 20, 2021 — 11A
www.marej.com
R etail D evelopment R eimagined
Bennett Williams Commercial inks 24,300 s/f retail space
68,000 s/f center in Tunkhannock, PA sells for $4.75M Cleeman Realty Group arranges sale of Village Center T
represented the tenant and Abe Khan, Blake Shaffer, Tommy Vo , Rohrbaugh, and Stine of Bennett Williams Commercial represented the landlord in the transaction. 2,145 s/ f retail space at Mount Pocono Plaza, 3236 Rte. 940, Mount Pocono Borough. Mt Pocono Plaza Chicken, LLC leased the space from Mt. Pocono, LLC. Khan, Shaffer, Rohrbaugh, and Stine rep- resented the landlord in the transaction. 1,730 s/f retail space at 2203 W. Cumberland St., North Lebanon Twp. Russell Cellular, Inc. leased the space from Ma- trice, LLC. Khan, Rohrbaugh, and Stine represented the land- lord in the transaction. MAREJ
CENTRAL, PA — Bennett Williams Commercial has arranged the lease of the fol- lowing transactions: 24,300 s/f retail space at Union Square Shopping Cen- ter, 3823 Union Deposit Rd., Susquehanna Twp.. Advance Stores Co. leased the space from Union Square Shopping Center, LP. Adam Hagerman, Brad Rohrbaugh, and Chad Stine of Bennett Williams Commer- cial represented the tenant in the transaction. 4,100 s/f retail space at 360 Town Center Dr., West Man- chester Twp., York County. Affordable Care, LLC leased the space from Town Center Drive, LLC. Gary Russell of Bennett Williams Commercial
UNKHANNOCK, PA — Cleeman Realty Group announced the $4.75 million off-market sale of Village Center Shopping Center in Tunkhannock, PA. The 68,000 s/f center is an- chored by a strong performing Weis supermarket and the local DMV. The property sits on 6.9 acres and was 93% oc- cupied at closing. Cleeman Realty Group represented the buyer and seller in the off-market transaction. MAREJ R.J. Brunelli announces new leases for retail sites throughout NJ OLD BRIDGE, NJ — R.J. Brunelli & Co., LLC recently completed leases w in north- ern, central and southern New Jersey. In its role as New Jersey leas- ing representative for Dollar Tree and sister chain Family Dollar, the Old Bridge-based retail brokerage wrapped up four leases for the retailers in northern and central parts of the state. Dollar Tree executed a lease for 9,200 s/f freestanding build- ing at Riverdale Crossing on State Hwy. 23, near I-287 in Morris County. In Monmouth County, Dollar Tree inked a lease for a 9,460 s/f endcap unit at The Orchards at Wall, at 2410 State Hwy. 35 in Manasquan. Family Dollar completed a lease for a 10,382 s/f inline space at 490 Chamberlain Ave. in Paterson. Family Dollar also signed for a 9,700 s/f inline location at 217 Main St. in West Orange. R.J. Brunelli president & principal Danielle Brunelli and senior sales associate Pete Nicholson represented Dollar Tree and Family Dollar on the four transactions. Ryan Stark- man of Pierson Real Estate represented the property owner on the Riverdale Crossing Dol- lar Tree lease, while Patrick Varelas of ReMax represented the property owner on the Pat- erson Family Dollar lease. Sally Beauty Supply signed a lease for a 2,235 s/f location at Veterans Towne Square, located at New York Ave. and Ridge Rd. in Lyndhurst. Brunelli repre- sented the tenant, while Ryan Starkman of Pierson represent- ed the property owner. MAREJ
Village Center Shopping Center
Relocation Opportunities Wanted
PENNSYLVANIA COUNTIES OF INTEREST INCLUDE: Bradford, Bucks, Carbon, Columbia, Lackawanna, Lehigh, Luzerne, Lycoming, Monroe, Northampton, Pike, Schuylkill, Sullivan, Susquehanna, Tioga, Wayne, Wyoming TYPES OF LOCATIONS WANTED: End Cap, In-Line, Drive-Thru, Free Standing
PLEASE CONTACT: Abbie Muto muto_a@sdepa.com | Cheryl Green green_c@sdepa.com (610) 366-8120 • www.sdepa.com
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