M id A tlantic Real Estate Journal — Pennsylvania — April 10 - 23, 2020 — 21A
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10,000 s/f in recent commitments mark property’s evolving tenant mix Singer of Levin Management arranges lease with Kids Kingdom Playhouse at Morrell Plaza in Phila. P mons; Erica Schiffman from Cushman & Wakefield rep- resented the tenant.
made-to-order dishes prepared with fresh, all-natural ingredi- ents served in a fun, relaxed atmosphere. The menu allows guests to choose their protein – such as chicken, beef or tofu – paired with a base (rice or noodles), desired vegetables and choice of sauce to create a fully customized bowl. Shadow-anchored by high- volume Target and JCPenney stores, along with junior an- chor Christmas Tree Shops, High Pointe Commons is home to a mix of national and re- gional retail concepts, service providers and restaurants.
HILADELPHIA, PA —A 4,000 s/f lease with children’s activity cen- ter Kids Kingdom Playhouse at Morrell Plaza marks an- other milestone in the ongoing evolution of this Philadelphia retail center. As managing and leasing agent, commercial real estate services firm Levin Management Corporation (LMC) is leading a re-leasing program that has expanded and diversified the co-tenancy at the 103,000 s/f property. LMC senior leasing rep- resentative Sidney Singer arranged the Kids Kingdom Playhouse lease. In recent months, LMC has announced approximately 10,000 s/f in leasing at Morrell Plaza, also including commitments by Nutrition 215, which sells blended nutritional drinks; boutique indoor cycling con- cept Northeast Cycle; national chicken wing chain Wingstop; and Freedom Credit Union. The latest, family-centric tenant brings a new element to Morrell Plaza, giving consum- ers yet another reason to visit, according to Singer. “In the current retail environment, shopping centers must adapt in order to remain successful, and our recent leasing activ- ity at Morrell Plaza – which involves adding a unique blend of dining, fitness and recreation-focused tenants – illustrates this trend,” he said. “Morrell Plaza is a prime example of how successfully ‘rethinking’ properties keeps them relevant and focused on community needs.” Located directly on Frank- ford Ave./Rte. 13 in Phil- adelphia, Morrell Plaza is anchored by a 63,000 s/f high- volume ShopRite supermar- ket. The tenant roster includes a mix of national, regional and local retailers and service providers including Rite Aid, T-Mobile, Supercuts, Dunkin’ and Yamato Sushi & Hibachi, among others. The property serves a three-mile residen- tial population of more than 134,000 people, and a daytime population of 51,000 within those same three miles. In Harrisburg, Fast-casual Asian restaurant Teriyaki Madness has leased 2,000 s/f at High Pointe Commons, becoming the latest tenant to join the dining component at this regional shopping center. Singer arranged the lease on behalf of High Pointe Com-
“High-quality fast-casual options are a welcome addi- tion to any shopping center,” said Singer. “Teriyaki Mad- ness brings a new concept to High Pointe Commons, where restaurant choices span nearly every food category. This fast- growing franchise has been successful in other parts of the country, and High Pointe Commons proved the ideal location for the chain’s con- tinued East Coast expansion.” Teriyaki Madness offers
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