4C — September 27 - October 10, 2013 — Shopping Centers — Mid Atlantic Real Estate Journal
www.marejournal.com
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ARAMUS, nJ —Mitch- ell Gold + Bob Williams (MG+BW), a home fur- RKF’s Ezra represents tenant at Equinox Plaza nGKF represents owners in 11,233 s/f lease in Paramus, nJ P
nishings retailer, has signed a long-term, 11,233 s/f lease at 776 Route 17 North, the newly redeveloped Equinox Plaza in Paramus. Dean Tselepis and Jerry Putterman , directors with newmark Grubb Knight Frank (nGKF) Retail , repre- sented ownership, Laganella Property Management , in the transaction. Jeremy Ezra of RKF represented MG+BW. “This transaction repre- sents a significant outpost for MG+BW,” Tselepis reports. “This is a prime location in Paramus, which boasts the highest-traffic retail corridor in the state. The Paramus market has one of the largest concen- trations of shopping centers and enclosed malls in the U.S. It is a true retail destination area.” “Laganella is redeveloping this into a first-class shop- ping center,” adds Putterman. “This is a well-respected local developer that has been rede- veloping older properties in CHADDS FORD, PA — Glen Eagle Square announced the forthcoming opening of three new retailers, growth reflecting the properties dy- namic retail and dining mix which has added seven new merchants this year alone. The newly-announced open- ings include Athleta and Pet Valu, both opening in Novem- ber. Athleta will occupy 5,100 s/f, with Pet Valu occupying 3,200 s/f. Additionally, the
776 Route 17 North
/DQFDVWHU Paramus and nearby communi- ties. Laganella has modernized several of these buildings, and by doing so the firm has played an essential part in maintain- ing Paramus’ relevance and premier position.” The Paramus location, cited as a MG+BW Flagship Signa- ture Store, is scheduled to open this fall. “This lease is consistent with center has signed Not Your Average Joes, that will oc- cupy more than 7,200 s/f and is slated to open in Spring 2014. Since March 2013 the center has welcomed four additional new tenants including na- tional retailers Crazy 8 (2,240 s/f), Francesca’s (1,370 s/f) and Maidenform (1,674 s/f), as well as locally-based home décor purveyor Calico Cor- ners, which is now occupying a strong upswing in leasing activity in the area,” said Tsel- epis. “The older retail product here is good solid property that just needs updating. As more and more major retailers relo- cate to Paramus, owners like Laganella are stepping up and making our buildings more at- tractive. These up-and-coming retailers bring a new level of excitement with them.” n “The addition of so many prominent national and huge- ly popular local retailers over the last several months has cemented Glen Eagle Square’s place as a premier shopping and dining destination in the region,” said J ohn-david W. Franklin, SCLS , senior vice president, Leasing for Madison Marquette Retail Services , which manages the property. n MEAN FOR YOU? 1Pa[ThB]hSTaXb_a^PRcXeTfXcW^daR[XT]c aT[PcX^]bWX_bFTd]STabcP]Sh^daQdbX]Tbb P]SX]SdbcahP]SPRcXeT[h[XbcT]c^h^da ]TTSbR^]RTa]bP]S^__^acd]XcXTb Madison Marquette Retail Services announces leases at Glen Eagle Square, Chadds Ford, PA 3,900 s/f. ATP[4bcPcT}2^]bcadRcX^]}1dbX]Tbb};XcXVPcX^]}4\_[^h\T]c} Our Core Service Areas: • Site Traffic Development • Traffic Engineering • Transportation Planning • Highway / Roadway Design /DQFDVWHU2IÀFH 120 N. Pointe Boulevard, Ste. 301 Lancaster, PA 17601 • Traffic Signal Design • Parking Studies • Expert Consultation York Town Center 717.569.9373 • www .LMS-PMA. coM Shoppes at Tecport Our Retail / Commercial Sectors : “Creating value for our clients through experience” T enanT R epResenTaTion • Starbucks • Pier 1 Imports • PetValu • Shoe Carnival 2IÀFH0D[ • Qdoba • Amelia’s Millersville Commons Wabank & Millersville Road Millersville, PA 17551 Join Sheetz & Jake’sWayback Burgers Approved Bank & 1,600 - 15,000 SF Regency Square F eaTuRed p RojecTs • Town Centers / Big Box • Commercial / Office • Fuel / Convenience • Food / Grocery • Pharmacy • Restaurants • Banking • Hotels • Haircuttery •Taco Bell • Fire Birds •The Fresh Market • Aaron’s Rent to Own • Denny’s • Meadows Frozen Custard • Giant • Majik Rent to Own • Sportsmans Liquidation • Outback %RQHÀVK • Carrabas • Chico’s •White House • Soma • Harbor Freight 1611 Oregon Pike Oregon Pike (Route 272) Lancaster, PA 17601 Gateway Gettysburg Join Patient First 0HGLFDORIÀFHORFDWLRQ 30 Keller Avenue Keller Avenue & Lititz Pike Lancaster, PA 17601 11 Acres • New Development 101 Rohrerstown Road Lancaster, PA 17603 • Patient First • Royal Farms • RubyTuesdays •Verizon Buckhorn Plaza 10,000 SF (can be sub-divided) Parallel to Lancaster Amtrak Station Join DollarTree, Goodwill & Subway www.consulttrg.com Consulting Engineers & Planners PA Office: 204 N. George Street Suite 260 • York, PA 17401-1108 T: (717) 846-4660 MD Office: 901 Dulaney Valley Road Suite 805 • Towson, MD 21204-2624 T: (443) 275-2344
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