Mid Atlantic Real Estate Journal — The Best of 2013 — March 28 - April 10, 2014 — 15C
www.marejournal.com
The LARGEST RETAIL LEASE of 2013 Emory Hill Four Seasons Plaza — 70,000 SF — NAI Hanson 371 Rte 17 N — 24,460 SF —
Metro Commercial BJ’s — 87,588 SF —
BJs Stock photo
Howell, NJ Size (square footage/acreage): 87,588 SF Broker(s): Dan Brickner, Tom Londres, Steve Niggeman Located at Rt. 9 and Lanes Mill Road in Howell, NJ. Expected to open in 2014.
Four Seasons Plaza Newark, DE 70,000s/f Jim O’Hara Jr., principal NAI Emory Hill’s Jim O’Hara Jr. was the broker on a lease to Delaware Supermarkets at Four Seasons Plaza in Newark, DE
Largest Retail Lease Name of property 371 Route 17 N City, State Mahwah, NJ Size (square footage/acreage) 24,460 SF Broker(s): Kenneth D. Lundberg, Dominic M. Fittizzi
Bennett Williams 905 Loucks Rd — 21,697 SF —
Rock Commercial Newberry Commons — 38,485 SF —
Jackson Cross 4871-3899 Limestone Rd — 4,452SF —
Size (square footage/acreage) 38,485 Broker(s): Benjamin Chiaro
Broker(s): Pete Davisson After the M&T Bank acquisition of the Wilmington Trust Co., M&T needed some help disposing of surplus properties. In both PA and DE there were former WTC branches which did not work in the long term plans of M&T Bank. Some were bank owned proper- ties which had to be sold and some were lease hold interests which required sub-leasing. Jackson Cross Partners was chosen for several dispositions in PA and DE. 4871-4899 Limestone Rd. was a retail bank branch and a separate block of office space for a mortgage banking operation. Our assign- ment was to sub-lease the leasehold interests with a long term lease in place. The space was marketed to both retail and office prospects. In a relatively short period of time JCP was able to make a suc- cessful match with a national corporate prospect which needed a regional sales office and retail exposure to market their products to the building trades.
245,803 SF single story masonry neighbor- hood center with new grocery anchor situated on a 40.96 acre site located along I-83 featuring Darrenkamps Market, UPS Store, PAWine & Spirits, Subway, Curves and more. I-83 traffic counts exceed 61,000 AADT. Property offers approximately 1,624 parking spaces on site. Regional Commercial zoning permitted uses include and are not limited to retail sales, retail services, restaurants, health & fitness clubs, financial institutions, and convenience stores.
York, PA Size (square footage/acreage): 21,697 Broker(s): Chad Stine & Brad Rohrbaugh Aldi Foods leased 21,697 SF at Northwest Plaza, shopping center. They are currently expanding their presence in Central PA. Our company is exclusively representing Aldi in their search for new locations in the Central PA market.
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