14A — December 18 - January 14, 2020 — Retail Development Reimagined — M id A tlantic Real Estate Journal
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R etail D evelopment R eimagined
Stape and Lupo represents Fort Washington Oxon Hill LLC & Ruxton procures purchaser KLNBannounces $5.15Msale of LivingstonSquare Shopping Center in Prince George’s County
W
ASHINGTON, DC – KLNB announced the sale of Livings-
ton Square Shopping Center, a 10.99 acre, Giant Food-an- chored redevelopment site, from Retail Business Services (RBS), Giant Food’s real estate arm, to Velocity, LLC for $5.15 million. Andy Stape and Vito Lupo represented Fort Wash- ington Oxon Hill LLC (RBS) on the sale, and in conjunction with Phil Ruxton procured the purchaser Fort Washington Livingston LLC (Velocity), in the transaction.
Andy Stape
Vito Lupo
Phil Ruxton
Giant Food grocery store, drive- thru pad restaurant locations for McDonald’s, KFC and Taco Bell, as well as 20,100 s/f of newly constructed retail space in two buildings serving the desirable Fort Washington sub- urb of Washin ton, DC.
“As we continue to adjust to our ‘new normal,’ access to fresh food is essential. We are proud to play a part in bring- ing a brand new, much-needed Giant grocery store to Prince George’s County, an under- served market whose residents
Livingston Square Shopping Center
have far too many food deserts,” said Lupo. “We have seen the demand for grocery stores surge and this new Giant, with its variety of services, will serve
useful to the community in this environment.” The redeveloped Giant Food will provide a variety of new se- lections and services including more organic produce. MAREJ ROCK’sBrownreps. landlord in 3,861 s/f lease inHanover, PA HANOVER, PA — ROCK Commercial Real Estate announced that Grace &
RE_ad_version1.qxp 11/2/2005 11:54 AM Page 1 The project will include a newly con tructed, 43,000 s/f
Crepes Com- pany signed a 3,861 s/ f lease at 14 Carlisle St. in Hanover. The creperie w i l l s e r v e sweet and sa- vory crepes
Seeking Retail Opportunities Consistently Ranked #1 Franchise - 50+ Y ear T rack Record
as well as other unique brunch items. The grand opening is projected around March 2021. Naomi Brown , of ROCK Commercial Real Estate, rep- resented the landlord while Adam Druck and Sergio Mannino of Lime House Re- alty , represented the tenant. “We were attracted to the Downtown Hanover location,” said Candice Lacks, co-owner of Grace & Crepes Company. “My husband and I are food- ies and we love talking over coffee, crepes, and tea. This location will allow us to share what we love with the down- town and surrounding com- munities.” Lacks added, “We named the restaurant Grace because we are thankful for the grace that God gives us. Grace is also our daughter Trinity’s middle name, which she is tickled about. Youmight even catch her serving tea to some of our future customers! This year has been tough on most of us and we want to bring light and hope to our community. We are looking forward to serving some deli- cious and unique breakfast and lunch items with a candle- light of hope as well.” MAREJ Naomi Brown
Looking for sites in PA & S. NJ End Cap, In-line, Free Standing Flexible Space Requirements
Non-Traditional Venues - Hospitals/Colleges Universities/B&I/Stadiums/Casinos/Airports
Eastern PA — Local Contacts: Philadelphia PA & Southern NJ —
610-366-8120 x 24, Cheryl Green green_c@sdepa.com 410-752-6760, Evan Brodie evan@sandhumanagement.com
realestate.subway.com www.subway.com
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