ICSC R EC on
Real Estate Journal — May 10 - 23, 2019 — 9A
M id A tlantic
10-acre retail center Old Keene Mill to undergo extensive reno. to enhance consumer experience Federal Realty continues Northern VAMomentum, kicks off redevelopment project in Springfield S
PRINGFIELD, VA — Federal Realty In- vestment Trust an- nounced the redevelopment of Old Keene Mill, a 90,000 s/f community shopping center in Springfield, Virginia. The comprehensive project will completely revamp the physi- cal character of the property and add gathering spaces with unique features such as an out- door fireplace and communal village design. Unique features such as an outdoor double-sided stone fireplace will provide an expe- riential atmosphere. Acquired in 1976, Old Keene Mill sits at the intersection of Old Keene Mill Rd. and Rolling Rd. in Burke/West Springfield. The center is anchored by Whole Foods, Walgreens and Planet Fitness, and features a variety of dining options such as Austin Grill, BGR The Burger Joint and Mezeh Mediterranean Grill, as well as a wide range of convenient services from banking to spa services. The center’s renovation,
Old Keene Mill
all that Old Keene Mill has to offer.” The redevelopment proj- ect reflects Federal Realty’s strategy of increasing its fo- cus on Northern Virginia, a submarket that possesses dense populations, attractive demographics and significant barriers to entry. The Trust recently announced plans to grow its presence in Virginia by opening its first full-service corporate office in Tysons. Fed- eral Realty currently owns and operates 3.9 million s/f of real estate in the state, including Shoppes at Wyndham, 930 S Richland Ave., West York Borough. DB Real Estate Assets I, LLC dba Dunkin Donuts leased the space from Spring Lane, LLC. Blake Shaffer, AdamHagerman , Rohrbaugh and Stine of Ben- nett Williams Commercial represented the tenant in the transaction. 1,300 s/f retail space at Spring View Retail, 289 Cetronia Rd., Upper Mac- ungie Twp. Sharper Style, LLC leased the space from KRE Spring View Commer- cial, LP. Blake Gross and Dave Nicholson of Bennett Williams Commercial rep- resented the landlord in the transaction. 3,200 s/f retail space at Hyde Park Station, 1565 Hyde Park Rd., Baltimore County, MD. Trivarna, LLC dba Legion Transformation Center leased the space from Hyde Park Station Owner, LLC. Sweeney and Whedbee
Northern Virginia household names Pike 7 Plaza, Village at Shirlington, Pentagon Row, and Pan Am, as well as Wil- low Lawn and Barracks Rd., two iconic properties in Cen- tral Virginia. The portfolio is highlighted by a wide range of shopping and entertainment experiences, including major national tenants like Anthro- pologie, Whole Foods and TJ Maxx to well-established lo- cal favorites like Busboys and Poets, Basic Burger and the Tony Award-winning Signa- ture Theatre. 4.6 acres land at Old Har- risburg Pike, Rapho Twp. Lancaster Dutch Hospitality, LLC purchased the prop- erty fromWesley Murry. Jeff Herr of Bennett Williams Commercial represented both the buyer and seller in the transaction. 4,320 s/f retail building at 2720-2724 Lititz Pike, Manheim Twp. Davidd and Jessica Nguyen purchased the property from Adam and Eugenia Kontis. Tom Troc- coli of Bennett Williams Commercial represented both the buyer and seller in the transaction. 6,000 s/f retail space at 960 N. Hills Rd., Springettsbury Twp., York County, PA. Ad- vanced Nutritional Supple- ments, LLC leased the space fromAYL, LLC & SHC, LLC. Shaffer, Khan, Rohrbaugh, and Stine represented the tenant in the transaction.
slated for completion before Thanksgiving, includes new façades and signage; wide side- walks with lush landscaping; and furnished pavilions to cre- ate a relaxed atmosphere for people to socialize and connect. In addition, an inviting tempo- rary dining lounge will open in May and will remain active throughout the construction period providing customers a place to gather and enjoy takeout food while the outdoor cafes are under renovation. Replacement of the center’s façade and signage bands, and
the addition of wood finishes and terraces will enhance the property. “Federal Realty continually reinvests in its properties, re- inventing them to best meet the desires of the customers and communities they serve,” said Deirdre Johnson , vice president of asset manage- ment for Federal Realty. “We are excited to apply these principles to our Northern Vir- ginia assets and look forward to creating a beautiful space for the Springfield community to shop, dine, relax and enjoy 1,865 s/f retail space at 356 W. Main St., Upper Lea- cock Twp. Xin Xin Spa, LLC leased the space from Avit, LLC. Tom Troccoli of Ben- nett Williams Commercial represented both the ten- ant and the landlord in the transaction. 2,080 s/f retail space at 5234 Lincoln Hwy., Jackson Twp. James Huntington leased the space from Timothy and Victoria Senft. Karen Nei- derer of Bennett Williams Commercial represented both the tenant and the landlord in the transaction. 4,475 s/f retail space at 2205 Commerce Rd., Harford County, MD. Kratos Fitness, LLC dba Legion Transfor- mation Center leased the space from N.A.D.D. Patel 4, LLC. Colin Sweeney and Greg Whedbee of Bennett Williams Commercial rep- resented the tenant in the transaction. 1,615 s/f retail space at
YORK, PA — Bennett Williams Commercial , one of the largest third-party, Hamilton and Nicholson of Bennett Williams ink 17,961 s/f retail space Dave Nicholson , and Blake Shaffer of Bennett Williams Commercial represented the represented the tenant in the transaction.
commercial real estate firms in Cen- tral Pennsyl- vania has ar- ranged the sale/lease of the following transactions: 17,961 s/f
landlord in the transac- tion. 1 , 200 s / f retail space a t O l d e Sproul Shop- ping Village, Ba l t imo r e Pike, Spring-
Jeremiah Hamilton Dave Nicholson
retail space at 675 Silver Springs Rd., Silver Spring Twp. Harbor Freight Tools USA, Inc. leased the space from D. Scott Karns. Jer- emiah Hamilton and Dave Nicholson of Bennett Wil- liams Commercial represent- ed the tenant in the transac- tion. 13,636 s/f retail space at New Oxford Shopping Center, 5660 York Rd., Oxford Twp. Dollar Tree Stores, Inc. leased the space from Conewago Contractors, Inc. Brad Rohrbaugh, Chad Stine,
field Twp.Breakfix Repairs, LLC dba uBreakiFix leased the space from Olde Sproul Shopping Village, LP. Bill Hess of Bennett Williams Commercial represented the tenant in the transaction. 6,000 s/f retail space at 960 N. Hills Rd., Springettsbury Twp. Advanced Nutritional Supplements, LLC leased the space fromAYL, LLC& SHC, LLC. Shaffer, Abe Khan , Rohrbaugh and Stine of Ben- nett Williams Commercial represented the tenant in the transaction.
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