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12B — August 31 - September 13, 2012 — Shopping Centers — Mid Atlantic Real Estate Journal

www.marejournal.com

S HOPPING C ENTERS

Think you can beat the competition?

he Azarian Group, L.L.C. is pleased to announce that it is By John M. Azarian & Kevin R. Pelio, The Azarian Grp. Raritan International Center about to break ground T

about to break ground on the expansion and renovation of the Raritan International Center in Sayreville, New Jersey. The project will include a 10,000 s/f pad site which will house The Learning Experi- ence Day Care Center. This pad site will also have a fenced in outdoor play area of approximately 5,000 s/f. This will be a state of the art day care facility offering customized security features, class roommaterials, etc. The Learning Experience oper-

Be a part of the Mid Atlantic Real Estate Journal's 4 th Annual Retail Design Competition Enter your project in this year’s annual Retail Design Competition Call or email today to be added to the list to receive your 2012 Retail Design Competition Entry Form Elaine Fanning 1-800-584-1062 ext. 212 efanning@marejournal.com

Deadline for entry: September 14, 2012 • Issue Date: September 28, 2012

ates more than 200 locations nationwide. In addition to the construc- tion of The Learning Experi- ence building, The Azarian Group will also be renovating the existing shopping center’s façade and surrounding site. This will feature new EIFs and four parapet tower ele- ments. Furthermore, the site work entails new sidewalks, parking lot resurfacing and restriping, landscaping and a new pylon sign for tenants of the shopping center, (see rendering). Originally built in the 1970’s, the Raritan International Center is a 75,000 s/f shop- ping center on over 13 acres with approximately 365 park- ing spaces. It is conveniently located right off of Exit 124 of the Garden State Parkway on Raritan Street. In addition, the Center lies adjacent to a 300 car commuter parking lot, which takes commuters by bus to New York City. Anchored by Walgreens, Family Dollar and Vision- works, the property has only two vacancies. One vacancy measures 2,500 s/f and is ide- al for any retail use including food, office or medical space. There is also a former gym space that measures 13,650 s/f that can be divided. This space can be reconfigured for another fitness use, office space or similar uses. Both spaces are available for im- mediate occupancy. John M. Azarian, CSM, is the owner of The Azarian Group, L.L.C. andAzarian Realty Co. He is a licensed real estate broker in New Jersey and New York. Kevin R. Pelio is an As- sistant Property Manager and is a licensed real es- tate broker associate with the firms. ■

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