10A — December 20, 2013 - January 16, 2014 — Shopping Centers — Mid Atlantic Real Estate Journal
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S hopping C enters
With over 10 years of real estate experience Brad Nathanson joins CBRE as executive VP
At Hunt Valley Towne Centre Greenberg Gibbons opens SportsZone Elite
includes hats, denim, shorts, t-shirts and performance footwear. The new 1,650 s/f store is located on Main St., next to Caribou Coffee and Panera. Hunt Valley Towne Centre is a shopping and lifestyle destination located six miles north of I-695 on Shawan Rd. between I-83 and York Rd. n napolis Towne Centre. Prior to that, she worked as a director for business development for General Growth Properties in Paramus, NJ, and man- aged projects for the Rouse Company, Retail Resource and Millennium Partners. In addition to Turf Valley Towne Square and Towne Centre Laurel, she will also oversee the management of five other Greenberg Gibbons properties, including Hampton Towne Centre, Westminster Crossing, Edgewater Village Centre, The Shops at Breton Bay and White Marlin Mall. “Carol’s valuable leadership skills and experience were a great asset toAnnapolis Towne Centre,” said Tom Fitzpat- rick , president of Greenberg Gibbons. “We’re excited to see her apply her management know-how to our other proper- ties as our company continues to flourish and grow.” n
OWINGS MILLS, MD. — Greenberg Gibbons an- nounced that SportsZone Elite opened its doors at Hunt Valley Towne Centre on Saturday, December 7. SportsZone Elite specializ- es in providing urban fashion to men, women and children of all ages. Its vast selection of brand-name streetwear
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Capital Markets Platform,“ said Bob Walters , executive managing director of CBRE’s nine Greater Philadelphia regional offices. Brad joins CBRE with over 10 years of real estate expe- rience. Most recently, Brad was a first VP investments and senior director of the National Retail Group at Marcus & Millichap where he specialized in consulting with private investors, institu- tions, and developers on the sale of shopping centers and net lease properties specifi- cally focusing on the tri-state area of Pennsylvania, New Jersey and Delaware. While at Marcus & Millichap, Brad had won multiple national sales awards including being distinguished within the top rankings as the multi-tenant
sales agent within Marcus & Millichap. Over 10 years, Brad sold over $1 Billion in retail investment real estate in fourteen different states. Before joining Marcus &Milli- chap, Brad was an investment analyst for a hedge fund under several portfolio managers for SEI Investments out of Wayne, PA. Graduating from the Uni- versity of Delaware with a B.S. in finance and economics, Brad is a licensed real estate professional in Pennsylvania and New Jersey and is a member of the International Council of Shopping Centers. Brad also serves on the pro- fessional advisory committee for Jewish Federation of Real Estate and the University of Delaware Rowing Alumni Committee. n
HILADELPHIA, PA — CBRE Group, Inc. (CBRE) is pleased to
a n n o u n c e that Brad Nathanson has joined t he f i rm’s Conshohock- en office as an executive vice presi- dent of retail
Greenberg Gibbons promotes Diedtrich to asset manager
Brad Nathanson
capital markets. Nathanson’s team will be focused on retail investment sales within the Philadelphia Metropolitan market including New Jersey and Delaware. “We are very pleased to welcome Brad Nathanson to CBRE. With our recent merger with Fameco Retail, Brad will enable CBRE to sig- nificantly expand our Retail
OWINGS MILLS, MD — Greenberg Gibbons an- nounced that it has pro-
moted Carol Diedtrich to the posi- tion of asset manager. In this role, she will oversee management of several of the compa-
Carol Diedtrich
La Perle Spa and Salon will occupy 1,802 s/f at Levin-managed Rutgers Plaza
ny’s properties, including Turf Valley Towne Square, the new 108,000 s/f shopping center and restaurant destination in Ellicott City, MD, and Towne Centre Laurel, the highly anticipated redevelopment of the Laurel Mall, set to open in 2014. Diedtrich has more than 18 years’ experience in manag- ing retail projects and mixed- use developments. She joined Greenberg Gibbons in 2011 as the general manager of An-
America’s Kids and Madrag Stores open at Cedarbrook Plaza
America’s Kids & Madrag Stores, Cheltenham Ave.
Rutgers Plaza
forms, baby products, toys and furniture. Both stores face the high traffic CheltenhamAve. Nassimi Realty president MikeNassimi said, “America’s Kids and Madrag are both quality operations and are a good compliment to the value oriented stores in our center. They should attract a great deal of interest from neighborhood shoppers in the Philadelphia and Montgomery County mar- kets.” Bordering Philadelphia, the 600,000 s/f Cedarbrook Plaza center is just off US Route 309 and is 5 miles from the PA Turnpike. n
WYNCOTE, PA — The first new stores have opened in a recently redeveloped 55,000 s/f building in Cedarbrook Plaza located on Cheltenham Ave. at Easton Rd. America’s Kids and Madrag have both opened their doors in recent weeks. The two stores are the first to open in space that previously held a Toys R Us store. The 6,200 s/f Madrag store offers a diverse collection of ready-to-wear sportswear, linge- rie and accessories. The 11,400 s/fAmerica’s Kids store special- izes in quality brands for youth and children including clothes, shoes, accessories, school uni-
Plaza’s roster of service-orient- ed tenants,” said Frantzman. “Retailers are attracted by the center’s centralized loca- tion, excellent daily consumer traffic and two quality anchor tenants. We are very excited about the diverse shopping experience that is developing here.” Co-anchored by a 74,000- s/f Stop & Shop and 98,684 s/f Kmart, Rutgers Plaza’s lineup of national and regional tenants includes Office De- pot, Dollar Tree, RadioShack, GameStop, Dress Barn, Chase Bank, Plaza Cleaners, Antho-
ny’s Pizza, Venus Jewelers and Burger King. Situated on Easton Ave. at Kennedy Bou- levard, Rutgers Plaza serves a growing residential population of more than 234,900 people within a five-mile radius. The marketplace offers an aver- age household income of more than $70,000 and the daily traffic count exceeds 39,000 vehicles. Current leasing opportu- nities at the center include a 22,898 s/f anchor space. A 2,547 s/f space and inline spaces of 2,000-3,000 s/f can be combined. n
FRANKLIN TWP., NJ — Beauty salon La Perle Spa and Salon has leased 1,802 s/f of space at Rutgers Plaza in Franklin Township, becoming the latest tenant to join the retail mix at this premier Somerset County shopping destination, accord- ing to Levin Management , leasing and managing agent for the 266,650 s/f center. Levin’s leasing representa- tive Jake Frantzman negoti- ated the long-term lease. “La Perle Spa and Salon is a locally owned business and a great addition to Rutgers
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