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
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