4C — June 14 - 27, 2019 — Pennsylvania — M id A tlantic

Real Estate Journal


P ennsylvania

NAI Keystone brokers Reading sale at 240 Penn St.

Extended Care signs long-term lease for 5,000 s/f TDK Commercial Advisors completes leases in Phila.

READING, PA — NAI Key- stone announced the sale of 249 Penn St., Reading, former- ly known as the Inter-City bus terminal. Kyle McKechnie , vice president of sales & leas- ing at NAI Keystone, states the transaction was officially set- tled on Friday, May 10th. The property was sold by C.R.B., Inc., not affiliated with Bieber Transportation Group, and purchased by DeCarlo’s Bar & Grill, located at 240 Penn St. In addition to securing park- ing for the establishment, the buyer plans on leasing the former terminal. “We are ex- cited about the versatility the space has to offer to a variety of different types of businesses seeking a prominent downtown


sia Business center in sev- eral new transactions. GVF Transportation has commit- ted to a new long-term lease for nearly 4,000 s/f while new leases where signed with two new tenants. A Childs Place Extended Care signed a long- term lease for 5,000 s/f and will occupy building 1013 W 9th Ave. A Childs Place will be relocating administrative staff to this location. The new offices were designed by Polleck Scwartz Architects and will be a state-of-the art braded work space environ- ment. Also relocating to 1019

W 9th Ave. is AppleOne. AppleOne occupied 2,100 s/f on June 1, 2019. At 901 E. 8th Ave. TDKCA represented the landlord in leasing nearly 3,000 s/f to Vistra Energy, who will open a new office in the market. Vistra has signed a long-term lease and occupied the new offices on May 1, 2019. In Philadelphia, TDKCA represented the Law Offices of Donald Feinberg in the renewal of their lease at 1880 JFK Blvd. The firm has signed a long-term renewal for approximately 1,400 s/f. 

HILADELPHIA, PA — Thomas Kramer , president of TDKCom-

mercial Ad- visors (TD- KCA) , an- nounces a se- ries of newly c omp l e t e d office leases on behalf of several cli- ents in the

location with onsite parking. We look forward to working with the DeCarlo’s in finding a tenant.” said McKechnie.  240 Penn St. ROCK inks 9,600 s/f lease in in Spring Garden Township YORK, PA — ROCK Com- mercial Real Estate recent- ly completed sale and lease transactions: • Nicholas Insurance, LLC leased 1,200 s/f of retail space at Northeast Shopping Center in Manchester from 207 Redco LLC. Greg Finkelstein and John Birkeland of ROCK Commercial Real Estate, bro- kered the transaction. • Pet Whisper Grooming, LLC leased 1,200 s/f of retail space at 2105 Carlisle Rd. from Alexander & Athanasia Kouvatsos. Birkeland bro- kered the transaction. • Storage Asset Manage- ment leased 6,218 s/f of office space at 3501 Concord Rd. from 3501 Concord Rd. As- sociates, LP. David Bode represented the landlord. • Hoist Crane and Repair, Inc. leased 9,600 s/f of in- dustrial space at 631 South Richland Ave. in Spring Gar- den Twp.) from Patriot Rich- land Associates, L.P. Kevin Hodg e, of ROCK Commercial Real Estate brokered the transaction. • 9 Nail Salon LLC leased 2,400 s/f of retail space at 63 North Main St. in Stew- artstown from Joseph and Josephine Messina. Stacey Ankrum of ROCK Commer- cial Real Estate, represented the tenant in the transaction. • The Spot Media Group leased 860 s/f of office space at 4314 Lincoln Hwy. in Hellam from C. Beaverson Plumbing, Heating and AC. KevinHodge, Heather Kreiger, B Jason Turnbull of ROCK Commer- cial Real Estate brokered the transaction. • Alexandra Cruz leased 1,700 s/f of mixed-use space at 344 West Market St. from YCDC. Hodge brokered the transaction. 

Thomas Kramer

growing King Of Prussia, PA and Philadelphia office space markets. TDKCA represented the landlord of the King Of Prus-

Since 1988


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