12-20-13

A — December 20, 2013 - January 16, 2014 — Shopping Centers — Mid Atlantic Real Estate Journal

www.marejournal.com

S hopping C enters

NRDC announces 13,500 s/f Old Navy opening Old Navy moves into Orange Plaza in Middletown, NY

“Old Navy, one of the larg- est apparel retailers in North America, supports our objec- tive to provide a tenant mix that enhances the shopping experience at Orange Plaza” said Dovid M. Spector , di- rector retail leasing, NRDC. “Orange Plaza is a dynamic regional power-center and we are confident that Old Navy will be successful their Orange Plaza, Middletown, NY

GAITHERSBURG, MD — Avison Young is pleased to announce the sale of 9911 Jefferson Davis Hwy. in Fred- ericksburg, VA for $3,500,000. The sales team of Joe Fried- man and Julian P. Etches represented the seller, 9911 JDH, LLC . The buyer was a private real-estate investment firm. The asset is a 16,000 s/f new construction retail center. The property is located within the Cosner’s Corner development, a major 152-acre regional pow- Corp., (NRDC) , recently announced that Old Navy occupying 13,500 s/f has opened at Orange Plaza. Orange Plaza is an 815,000 s/f power-center located at the intersection of Route 211 East & Route 17 in Middle- town, NY. M IDDLETOWN, NY — National Realty & Deve l opment

new location.” Orange Plaza is anchored by Walmart Supercenter, Kohl’s Department Store, Burlington Coat Factory, Marshalls, Bed Bath & Be- yond, and The Home Depot. The shopping center draws shoppers from a 25-mile re- gional trade area inclusive of the Hudson Valley, Pennsyl- vania, and New Jersey. n

Avison Young announces 3,500,000 sale of Cosner’s Corner Retail Center in Fredericksburg

Commercial Real Estate is MORE than Sales and Leasing

Cosner’s Corner

er outlet along I-95, which will contain 1.5 million s/f when fully built-out. The building was 82% leased at the time

of sale, with two long- term leases, including one GSA tenant, The Social Security Administration. n

Thinking Ahead & Getting Results in commercial real estate.

The James Balliet Commercial Group

“The Lehigh Valley’s Premier Full Service Commercial Real Estate Company”

• Shopping Center Sales & Leasing • Retail, Office, Medical & Industrial Properties • Distressed Property & Asset Management • Tenant Representation • Business Brokerage • Commercial Land Brokerage • Multi Unit Apartments

HEAT MAP:PA & MD Population

MAP:PA & MD Population If you want va uable information delivered LQDPDQQHUWKDWÀWV\RXUEXVLQHVVDQG investment needs and empowers you to make real STRATEGIC decisions, you need a commercial real estate company that will connect the dots and not just collect them. See how ROCK makes data innovative and comprehensive at: www.RockRealEstate.net/innovate

610-435-4711

ROCK Services • Brokerage • Property & Asset Management • Corporate Advisory

• Site Selection • Marketing & Research •Transaction Management • Strategic Planning

www.lehighvalleycommercial.com

KW Commercial | 40 S. Cedar Crest Blvd.| Allentown, PA 18104

Susquehanna Commerce Center | 221West Philadelphia Street, Suite 19 | York, PA 17401 717.854.5357 | 717.854.5367 fax | www.rockrealestate.net

Made with FlippingBook - Online catalogs