Mid Atlantic Real Estate Journal — Shopping Centers — November 23 - December 6, 2012 — 9B
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S HOPPING C ENTERS
ALTIMORE, MD — DLC Management Corporation , a na- Also signs 3 other leases totaling 34,998 s/f DLC Management Corp. signs 38,843 s/f lease with PriceRite B
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tional owner and operator of open-air shopping centers, an- nounces a new lease signed with PriceRite which is a wholly- owned subsidiary of Wakefern Food Corporation. This discount supermarket plans to open before the end of the year and will occupy a 38,843 s/f anchor space at this neighborhood shopping center which is home to Family Dollar, Downtown Locker Room, Rent-A-Center and several other local and na- tional tenants. “We are thrilled to welcome PriceRite to Mount Clare Junction. It was our pri- ority to bring an established grocer back to this shopping center in order to serve a clear demand from the community.” said Adam Greenberg , DLC’s associate director of Mid-Atlan- tic leasing. “We are confident that PriceRite’s draw will pro- mote further opportunity in the center.” WILLIAMSBURG, VA — DLC Management Corporation announces a new lease signed with Advanced Auto Parts in Williamsburg. This auto parts retailer will occupy a 8,571 s/f junior anchor space at this community shopping center which is home to Food Lion, Marshalls, Stein Mart, Books- A-Million and many other na- tional tenant. “We are proud to welcome Advance Auto Parts to Williamsburg Shopping Center and we believe that their use is a perfect fit with the already strong line up of tenants at the property.” said Evan Podob , DLC’s VP of Northeast Leasing. “We look forward to our contin- ued relationship with this ten- ant and the continued success of the shopping center.” TOWSON, MD —DLCMan- agement Corporation announces two new leases signed at Loch Raven Plaza in Towson. ALDI Food Market will be joining the center as its new anchor and will occupy an 18,861 s/f portion of the former Superfresh space. Alongside ALDI, Aaron’s just signed a 7,566 s/f lease filling the balance of the anchor box. This supermarket and home goods rental store bring value to this dynamic community shop- ping center which is also home to Bridgestone/Firestone, Dollar Tree, IHOP, Mattress Discount- ers, Radio Shack, Subway and many other strong tenants. “Our goal in re-developing the former Superfresh space was to bring a grocer back to this cen-
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PENNSYLVANIA 1600 Manor Drive, Suite 220 Chalfont, Pennsylvania 18914 215.712.2700
NEW JERSEY 35 Technology Drive Warren, New Jersey 07059 908.668.7777
Mount Clare Junction PriceRite
as part of the A&P/Superfresh bankruptcy, we set out to bring the highest possible traffic gen- erator to the site. This is our third new deal with Aldi in a re-devleopment DLC has done of an existing asset.” ■
ter,” said Adam Ifshin , DLC’s president and CEO. “Superfresh had not operated here in many years and had been subleas- ing the space to users who did not bring traffic to the center. When we recaptured the space
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