18A — February 27 - March 12, 2015 — Shopping Centers — M id A tlantic

Real Estate Journal


S hopping C enters

7,500 s/f retail building located in Green Brook, NJ Remco Realty’s Gallicchio reps. parties in $900,000 sale G REEN BROOK, NJ — Remco Realty Group has recently completed

Stine, Rohrbaugh, Jacobs brokers 16,740 s/f Bennett Williams brokers 32,504 s/f leases in York Cty.

Neiderer of Bennett Wil- liams represented both the tenant and the landlord in the transaction. 16,740 s/f retail space at Chambersburg Plaza, 1695 Lincoln Way E., Guildford Twp . Ame l i a ’ s Grocery leased the property from Gibralter Management Co., Stine, Rohrbaugh and Mark Jacobs of Bennett Williams represented the landlord in the transaction. 2,500 s/f retail space at Up- town Plaza, 720 Division St., City of Harrisburg. Chandra Wagley leased the property from Town Associates. Stine, Rohrbaugh, and Jacobs rep- resented the landlord in the transaction. 2,400 s/f retail space at 1597 N. Susquehanna Trail, Monroe Twp. Spring Com- munications Holding dba AT&T leased the property from Varnick Properties. Stine and Rohrbaugh rep- resented the tenant in the transaction. n • A 5,796 s/f former Dots store was reopened at Liberty Center, located at the traffic- lit intersection of West 38th St. & Liberty St. in Erie, PA. • In addition, a new 5,200 s/f Dots store opened at Gi- ant-anchored Kline Plaza located on South 25th St. in Harrisburg, PA. • Simply Fashions store of 2,964 s/f at Woodland Village at the traffic-lit intersection of S. 61st St. and Woodland Ave. in Philadelphia. • A Simply Fashion store of 4,370 s/f opened at Overbrook Plaza, located at the traffic- lit intersection of Lancaster Ave. and N 56th St. in west Philadelphia. • A 2,380 s/f Simply Fash- ion will join the South Phila- delphia Shopping Center, located on S. 24th St. and Oregon Ave. in Philadelphia. • Another 5-year lease was signed by Simply Fashion for 4,042 s/f of inline space at One & Olney Square, located at the traffic-lit intersection of Olney Ave. and N. Front St. in Philadelphia. • In addition, Simply Fash- ion has leased a 4,858 s/f downtown corner location at Chelten Ave. & Greene St. in the Germantown section of Philadelphia. n

YORK, PA — Bennett Wil- liams Realty, Inc. has ar- ranged the sale/lease of the following transaction: 6,600 s/f retail space at 29 Cinema Dr., Springettsbury Twp. Power Train Sports East York leased the prop- erty from Cinema Drive As- sociates, LLC. Chad Stine, Brad Rohrbaugh and Abe Khan of Bennett Williams represented the landlord in the transaction. 1,864 s/f retail space at Colonial Commons, 5074 Jonestown Rd., Lower Pax- ton Twp. Shenandoah Per- sonal Communications dba Sprint leased the property from Cedar Realty Trust. Khan represented the tenant in the transaction. 2,400 s/f retail space at Bailey Springs Shopping Center, 300 Bailey Dr., Stewartstown Borough. Ca- ruso’s Italian Restaurant leased the property from Bailey Springs Partners. Stine, Rohrbaugh and Karen NJ & PA, DE — Simply Fashion and its subsidiary company Dots are ladies’ clothing retailers that offer affordable and stylish op- tions for women of all sizes, with over 250 stores across 22 states. Richard Soloff of Soloff Realty & Develop- ment, Inc. (SRD) represents Simply Fashion in the PA, Southern NJ and Delaware trade areas, where he re- cently completed eleven deals for Simply Fashion & Dots. Several PA locations are scheduled to open in Janu- ary 2015: • Simply Fashion will open a 3,345 s/f store at 52nd St. & Market St. in Philadelphia. • Simply Fashion’s subsid- iary Dots is opening a store of 4,250 s/f at Whitehall Square in Whitehall, PA. • Dots will open another new 7,040 s/f location in January at Taylor Commons on South Main Ave. in Scran- ton, PA. • Dots is also scheduled to reopen soon at Audubon Crossing, located at a signal- ized intersection of E. Black Horse Pike (Rte. 168) and Nicholson Rd. in Audubon, NJ. Dots signed a 3-year lease for 4,050 s/f of retail space at the center.

the sale of a 7,500 s/f re- tail building located at 25 Rte. 22 East, i n G r e e n Brook. P r i o r t o Remco being appointed as

Peter Gallicchio

marketing agent, the property had been on the market for the past three years with other firms, who had no success. Remco put their proprietary marketing program into action aggressively targeting specific user groups, and ultimately

25 Rte. 22 East

sold the property to General Plumbing Supply (GPS), who had been searching for a site along the Rte. 22 corridor for a

new showroom location. Remco president; Peter Gal- licchio represented both par- ties in this transaction. n

Levin arranges Retro Fitness lease at Twin City Shopping Center in Jersey City, NJ

JERSEY CITY, NJ —Ret- ro Fitness has leased 16,000 s/f at Twin City Shopping Center in Jersey City. The announcement was made by retail real estate services firm Levin Management. Levin’s senior leasing repre- sentative Jake Frantzman negotiated the long-term lease, which fills just more than half of a 30,000 s/f , for- mer big-box space at the prop- erty. Hugh Scullin of Katz & Associates represented the tenant. n TOWSON, MD — Green- berg Gibbons announced plans for a $20 million reno- vation to The Shops at Ke- nilworth, a landmark shopping destination in Towson. Plans call for transforming the concrete exterior and out- dated interior into a more con- temporary and welcoming spe- cialty shopping and community gathering place. The design concept includes reducing the current space by 8,000 s/f and adding a 20,000 s/f, three-level “marketplace” featuring a wine bar, a mix of casual and fine dining options, and a rooftop garden with panoramic views. Exterior renovation plans include adding grand front and side entryways that welcome visitors and improve the over- all flow of foot traffic. Interior plans call for contemporary fixtures, updated floors and warmwoods throughout, while incorporating natural light to create an inviting environment. “With some creativity and

Soloff Realty & Development inks 11 leases for Simply Fashion &Dots

Twin City Shopping Center

Greenberg Gibbons plans $20 million retail renovation

The Shops at Kenilworth

polish, this community gem will continue to sparkle for gen- erations to come,” said Brian Gibbons , CEO and chairman of Greenberg Gibbons. “Grow- ing up in the Baltimore area, this is a place my friends and family visited for shopping and great community events, like the holiday train garden. We plan to maintain these tradi- tions, but add a fresh look and new energy.” Local elected officials ap- plauded the project. “This is terrific news for Towson,” said Baltimore County Executive Kevin Kamenetz. “Brian Gib- bons and the entire Greenberg

Gibbons team do outstanding work as evidenced by Hunt Val- ley Towne Centre and the soon to open Foundry Row. Having them bring their expertise to this very familiar location is just one more example that it is indeed Towson’s time.” “We are particularly excit- ed that a local company like Greenberg Gibbons is making this level of investment in our community,” said Baltimore County Councilman David Marks. “This developer has an exceptional track record of success and I’m sure The Shops at Kenilworth will be another hometown jewel.” n

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