6C — November 24 - December 7, 2017 — Shopping Centers — M id A tlantic

Real Estate Journal


S hopping C enters

Kingston Mall Shopping Center Punia Company’s rebrands shopping center at 4437 Route 27 in Princeton, NJ P

RINCETON, NJ — Pu- nia Company, LLC, managing agent for the KingstonMall Shopping Center at 4437 Route 27 announced the renaming of the center to Princeton Marketplace. Cur- rently home to twelve retailers including co-anchors Retro Fitness and the PA Dutch Farmers Market, the tenants immediately agreed to the idea. “We believe the rebranding of the center will attract a greater diversity of patrons for our ten- ants from surrounding areas,” said Ryan Tiger , Punia Com- pany’s leasing manager. “When

Princeton Marketplace

take a look at the available space.” Additional businesses that occupy the newly named Princeton Marketplace include Bonkerz Family Fun Center, The Kingston Animal Hospital, and Mountain East Sushi. The managing agent, Punia Company, LLC, is a family of private real estate investment, development, propertymanage- ment, construction, and design companies with offices in Liv- ingston, NJ and NewYork City. It specializes in redeveloping medical and retail buildings of interest and delivering unique and architecturally creative facilities to meet the needs of today’s professionals and retailers. While embracing the past, it puts value in the envi- ronment with implementation of the highest quality green materials and systems. n Comcast opens Studio Xfinity in DC’s Chinatown/ Penn Quarter Washington, DC — Comcast has announced the opening of Studio Xfinity in Washington DC’s Chinatown/ Penn Quarter neighborhood. The nearly 9,000 s/f store at 715 7th St. NW. Features include an open, interactive layout, comfortable seating areas, a 70-person lounge, a full cof- fee and refreshment bar, an ever-changing virtual reality station and multiple displays where guests can explore, learn about and interact directly with the latest Xfinity products and services, including X1, Xfinity Mobile, Xfinity Home and Com- cast’s suite of mobile applica- tions. The store also features a dedicated Apple section as part of its flagship partner program. “Studio Xfinity is a transfor- mational retail environment designed entirely around the needs and feedback of our customers to ensure every in- teraction is simple, clear and easy,” said Jeff Seidenfaden, VPof sales & marketing for Comcast’s Beltway Region. n

we presented the concept to our tenants, they were eager for us to make it official.” In addition to the twelve existing retailers, two stores are also available for lease:

2,000 s/f and 5,000 s/f. “The availabilities are suitable for medical, fitness-oriented, expe- riential retail, food service and your classic retail establish- ments,” Tiger detailed. “Our

goal is to maintain a tenant mix that benefits the entire tenant roster and provides additional stability to an already success- ful retail center. We invite all prospective retailers to come

• 9.86 acre site in prime retail district. • ADT 16,536 on Highland Park Blvd.; 57,736 on Interstate Route 81 Best Commercial Site in Northeastern Pennsylvania

• Adjacent to Mohegan Sun Arena at Casey Plaza • Frontage on exit ramp 168 and Highland Park Blvd. • Ideal for retail and service uses.

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