4A — December 26, 2014 - January 15, 2015 — Shopping Centers — M id A tlantic
Real Estate Journal
www.marejournal.com
S hopping C enters Upgrades include pylon signage, facades and landscaping Onyx Equities begins 218,000 s/f renovation at Plainsboro Plaza
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lainsboro, NJ — Onyx Equities, LLC has begun a $2 million renovation project at Plains- boro Plaza. The firm purchased the 218,000 s/f shopping center in 2013. Onyx plans to invest $2 mil- lion in capital improvements that will increase brand vis- ibility and improve traffic flow. Renovations include modern facades with larger signs, new landscaping, a new 58-foot landmark tower, new direc- tional signage, a new pylon sign at the intersection of Schalks Crossing Rd. & Scudders Mill Rd., three new pylons at the plaza’s entrances, and a recon- figuration of the parking field. P PHILADELPHIA, PA — A joint venture partnership of Keystone Property Group, Mack-Cali Realty Corpora- tion and Parkway Corpo- ration announced that La Colombe has signed a lease for 1,700 s/f of ground-floor retail space at 100 IndependenceMall West in Philadelphia. n
Plainsboro Plaza
“We are making every ef- fort to maximize tenant and shopper experience,” said Joel Dicker , senior VP of retail leasing and development, Onyx Equities. “We are espe- cially thrilled about the new
20,000 s/f of leasing activity since the start of the renova- tions. We have re-infused vitality into Plainsboro Plaza and look forward to announc- ing more store openings in the near term.” n
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Keystone, Mack-Cali & Parkway Corp. announce retail lease with La Colombe at 100 Independence Mall West in Phila.
100 Independence Mall West
NOWOPEN! THE MALL AT BAY PLAZA – BRONX, NY JoinMacy’s, JCPenney,OldNavy,Forever21,NY&Co,H&M,
Victoria’sSecret,XSportFitness,Kay Jewelers,Express,OliveGarden, Joe’s CrabShack,Ulta,Aldo, Swarovski,Zales,Pandora,Gap& Aeropostale.
Cedar Knolls – Hanover Crossroads. Prime intersection of Ridgedale Avenue & East Hanover Avenue. Up to 120,000 s.f. available. New shopping center to be anchored by major big box tenant. Great on site parking. Projected opening third quarter 2015.
Bloomfield – 192 Bloomfield Avenue. Prime corner location. Join new Aldi supermarket. Up to 22,000 s.f. available.
Edison – Edison TownCenter.Rt.1& VineyardRoad. Major specialtyretailcenter. Up to600,000s.f. Specialty retailstores,restaurants &entertainment. New 86,000s.f.supermarket tobeannouncedshortly.
Paramus – ParamusTowneSquare.Rt.17.Upto 19,000s.f. available. JoinDick’sSportingGoods,Michael’s, ChefCentral,Bassett Furniture&RamseyOutdoor.
Other Featured Properties:
Kearny – Kearny Plaza Shopping Center. Passaic Avenue & Bergen Avenue. Up to 35,000 s.f. available. New BJ’s shopping center next to Kmart Shopping Center with easement to ShopRite center. Join Modell’s, Dress Barn & The Avenue. Paramus – 557 Route 17 South. Former Staples. 18,513 s.f. available plus 3,123 s.f. selling mezzanine. Good on site parking – 104 spaces. Paramus – 160Rte.17North. Upto30,000s.f.available.RedevelopmentofformerGolfGalaxyspace.Highvisibility,greataccess,excellentonsiteparking. JoinPMPediatrics. Ramsey – InterstateShoppingCenter. Varioussizesavailable–upto14,400s.f. JoinBed,Bath&Beyond,Border’s,Modell’s,Michael’s,ShopRite,T.J.MaxxandDSW.
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