M id A tlantic Real Estate Journal — Shopping Centers — ICSC PA/NJ/DE Conference & Deal Making — August 26 - September 15, 2016 — 15C
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S hopping C enters
Salon leases 1,200 s/f at Alfred Sanzari-owned center Noble Nails joins tenant mix at Summit Plaza, Hackensack
Divaris RE’s Richmond office completes leases for 15,007 s/f
RICHMOND, VA — Ger- ald Divaris , chairman and CEO of Divaris Real Estate, Inc. (DRE) , announced the completion of two leases total- ing 15,007 s/f of retail space in Richmond. UFC GYM leased 11,455 s/f of retail space in Merchants Walk Shopping Center located at 7550 West Broad St. in Richmond. UFC GYM is the first major brand extension of the Ultimate Fighting Cham- pionship. David Redmond of DRE’s Virginia Beach office represented the tenant in the lease negotiations with the landlord, Spectrum 1 Mer- chants LLC. Redmond repre- sents UFC GYM in its search for new locations throughout Virginia and has been suc-
cessful in securing locations for the tenant in Norfolk’s JANAF Shopping Center and the Hilltop area of Virginia Beach. Sherwin Williams leased 3,552 s/f of retail space in Stuart’s Crossing Shopping Center at Rte. 1 and Virginia Center Parkway in Glen Al- len, Virginia. Debbie Wake from the Richmond office of Divaris Real Estate represent- ed the tenant in the lease ne- gotiations with the landlord, Sauer Properties, Inc. Wake represents the paint retailer in its search for new locations throughout Central Virginia. Previously, she has secured a location for Sherwin Williams in Town Hall Shopping Center in Colonial Heights. n
Summit Plaza
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The UPS Store. Summit Plaza is located in the heart of Route 17’s retail corridor near Routes 4, 46 and 80. One 1,450-square- foot retail space – suitable for a restaurant or phone store tenant – remains available at Summit Plaza.
“Summit Plaza, with a 62,000-square-foot Super Stop & Shop and a strong tenant mix to support it, remains a prime Bergen County shopping destination,” said Jerry L. Bar- ta, Alfred Sanzari Enterprises’ vice-president/director of leas- ing and marketing. n
ACKENSACK, NJ — Nail salon Noble Nails has leased 1,200 s/f at
Summit Plaza in Hackensack, becoming the latest tenant to join the diverse retail lineup at this key Bergen County shop- ping destination. The 100,000 s/f retail property is owned and managed by Alfred Sanzari Enterprises . Noble Nails is slated to open this September. Stephanie Greco of The Greco Realty Group nego- tiated the lease on behalf of Alfred Sanzari Enterprises. Summit Plaza represents the third nail salon location for this business owner, according to Greco. “Summit Plaza is a very strong and well-established community shopping center,” she said. “The addition of Noble Nails brings an exceptional ser- vice-oriented business to our existing co-tenancy. Another nail salon thrived at Summit Plaza for many years and our shoppers missed having this service conveniently available to them. We are confident that Noble Nails will enjoy tremen- dous success here.” Summit Plaza’s outstand- ing demographics and access to major highways were an upside to this tenant. Noble Nails will offer patrons a range of nail care services includ- ing manicures and pedicures. “The shopping center’s location and co-tenancy were attrac- tive to me,” said Louis Wang, owner. “I’m excited to open Noble Nails at Summit Plaza and look forward to providing affordably-priced nail services in a friendly environment to those who live and work in the community.” Located at 370-380 West Pleasantview Ave. at the inter- section of Rte. 17, Summit and West Pleasantview avenues, Summit Plaza is anchored by a 62,000 s/f Super Stop & Shop. The center’s smaller tenants include TITLE Box- ing Club, Great Expressions Dental Centers, United Tae Kwon Do Center, Juicy Plat- ters, Harmon Face Values, GNC, Payless ShoeSource, RadioShack, Dress Barn, and
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