12-18-20

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M id A tlantic Real Estate Journal — Retail Development Reimagined — December 18 - January 14, 2020 — 15A M id A tlAntic Real Estate Journal — Commercial Office Properties — February 23 - March 15, 2018 1C

R etail D evelopment R eimagined

ALA CYNWYD, PA — Beacon Com- mercial Real Es- The Flynn Company represents landlord in lease renewal at 620 Parkway Dr., Broomall McHale of Beacon Commercial Real Estate announces recent leasing activity B

2020. McHale represented Bala Avenue #1, LLC, the landlord. Romeo Chiaverelli , signed a lease renewal at One Bala Ave., Bala Cynwyd dated October 12, 2020. McHale represented Bala Avenue #1, LLC, the Landlord. Anita Schmukler, signed a lease renewal at One Bala Avenue, Bala Cynwyd dated October 8, 2020. McHale represented Bala Avenue #1, LLC, the landlord. MAREJ tenant mix. Both will generate significant traffic to the prop - erty by providing in-demand services for the Bensalem-area community.” Centre Plaza also includes Penn Community Bank, A&S Bagels, Salon 724, M. Rani Eye- brow Threading & Spa, Team Sports Zone, Tako Japanese Restaurant and LabCorp, among others. The 44,000 s/f property serves a residential population of nearly 265,000 people within a five-mile radius. MAREJ

McHale of Beacon Commer- cial Real Estate represented Bala Avenue #1, LLC, the landlord. Varatronics, signed a lease renewal at 620 Parkway Dr., Broomall dated October 15, 2020. McHale represented Varatronics, Inc, the tenant. The Flynn Company rep- resented the landlord. Christine Huddleston, signed a long-term lease re- newal at One Bala Ave., Bala Cynwyd dated October 15, Sidney Singer and leasing representative Fred Younkin negotiated the three leases – each 1,700 s/f – on behalf of the property ownership. Connery Koski of Century 21 Advan- tage Gold served as tenant broker for MichKutz. “Located in Bucks County’s largest municipality, Centre Plaza is ideally positioned as a service-oriented neighborhood shopping center,” said Younkin. “Kathy’s School of Dance and MichKutz fit very well into our

t a t e LLC announced transactions in October 2020. JD Ecker- man, signed a lease re- n e w a l a t On e B a l a

Gene McHale

Ave., Bala Cynwyd dated October 28, 2020. Gene

One Bala Ave.

Levin declares three new leases at Centre Plaza in Bensalem, PA

BENSALEM, PA — Levin Management Corporation (LMC) has announced a flurry of fall lease commitments total- ing 5,100 s/f at Centre Plaza in Bensalem. New tenants include dance studio Kathy’s School of Dance and barbershop Mich- Kutz; LMC also arranged a lease with A.J.’s Cheesesteaks, for- merly Philly It Cheesesteaks – a long-time Centre Plaza tenant that has been rebranded under new ownership. LMC vice president of leasing

Centre Plaza in Bensalem

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Contact Lea Christman for more information! 781-740-2900 or lea@marejournal.com

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