2-9-18

4C — February 9 - 22, 2018 — Pennsylvania — M id A tlantic

Real Estate Journal

www.marejournal.com

P ennsylvania Moscowitch represents the landlord in a lease at 418 South St., Philadelphia MSCRetail welcomes The Learning Experience to The Alexander at 1601 Vine Street in Philadelphia

P

“There is a true scarcity of ground floor opportunities of that size that could accom- modate the square footage requirements for The Learn- ing Experience,” said Josh Weiss , Retail & Investment Sales Specialist at MSC Retail. Weiss represented both the tenant and the Salt Lake City based landlord, Property Reserve, Inc. “By securing The Learning Ex- perience, the landlord was able to achieve its goal of a national creditworthy tenant that reflected the quality and character of their high-rise

development,” added Weiss. In a second transaction, MSC Retail announced a lease with Rocket Fizz at 418 South Street, Philadel- phia. Rocket Fizz, a sweets shop with nostalgic toys and gifts, will occupy 1,500 s/f on one of South Street’s busiest blocks. Rocket Fizz South St. will be the second Philadelphia location for the candy store franchise, with one location currently operating in Old City. Founded in 2009, the franchise offers 500+ glass- bottled sodas, thousands of colorful candies, retro memo- rabilia and gag gifts. Rocket Fizz carries novelty soda flavors, including 150 unique flavors such as “Bacon Soda” and “Ranch Flavored Soda” under its own brand. “Rocket Fizz will fit well on the 400 block of South St., catering to diverse foot traffic including tourists and locals alike,” said William Moscowitch of MSC Retail. Moscowitch represented the landlord, Robinson Family Associates, during the trans- action. Moscowitch special- izes in landlord and tenant representation for MSC Re- tail’s urban division. n Caracausa named Del Val Chapter chairperson for CRE DELAWARE VALLEY PA — David Caracau- sa named Del Val Chapter chairperson for the Coun- selors of Real Estate for 2018 David J. Caracausa has been a member of the “Coun- selors of Real Estate” (CRE) since 2013. This elite group and prestigious organization consists of only just over 1,000 members worldwide. They are recognized for their commitment to excellence, knowledge, integrity, com- petence, community, trust, judgment and adhere to a strict Code of Ethics and Standards as Professionals in the Real Estate industry. Members bring a broad range of real estate experience and technical competency to as- signments. They serve as a leading source of real estate advisory expertise, insight and are an indispensable resource to each other, their clients, the real estate indus- try and their communities. n

HI LADELPHI A , PA — MSC Retail announced a lease

transaction w i t h T h e L e a r n i n g Experience at The Alex- ander, 1601 V i n e S t . The 11,800 s/f child de- ve l opment

Josh Weiss

center is projected to open in 2018 on the ground floor of The Alexander, a new construction 34-story luxury apartment building.

1601 Vine St.

Rocket Fizz interior

FOR SALE

FOR SALE

FOR SALE

FOR SALE

COLLINGDALE COURT Collingdale - Delaware County, PA 18 Units + Pkg | $1,225,000

COOPER FORGE Lansdowne - Delaware County, PA 43 Units + Pkg | $2,450,000

629 E. GIRARD AVE. Fishtown - Philadelphia, PA 8 Apartments | $2,450,000

FOR SALE 1522-1534W. GIRARD AVE. Francisville - Philadelphia, PA NewConstructionLease-UpOpportunity - 120Units COMINGSOON!

CHELTEN LOFTS - Rite Aid + Big G Laundry Germantown - Philadelphia, PA 30 Apartments + 2 Commercial | $12,100,000 FOR SALE

SOLD

4317 SPRUCE STREET University City - Philadelphia, PA 25Apartments SOLD

SOLD

REACH LOFTS Fishtown-Philadelphia,PA 30LuxuryLoftApartments

RIVERWARDS PORTFOLIO Port Richmond - Philadelphia, PA 17Apartments + 3CommercialUnits

Ca l l ( 215 ) 454 - 2852 for a FREE Proper t y Va l uat i on ! Additional Information and Listings Available on Our Website: www.rittenhouserealty.com

KenWellar, Managing Partner ken@rittenhouserealty.com

Corey Lonberger, Managing Partner corey@rittenhouserealty.com

Mark Duszak, Director mark@rittenhouserealty.com

Bob DiPasquale, Associate bob@rittenhouserealty.com

For information visit www.RittenhouseRealty.com or call (215) 454-2852

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