T OP R ETAIL D EALS “2011” 20 — February 24 - March 15, 2012 — Top Retail Deals 2011 — Mid Atlantic Real Estate Journal
www.marejournal.com
CBC Bennett Williams Taylor Long Properties
TAYLOR LONG PROPERTIES 4701 Cox Road, Suite 108, Glen Allen, VA 23060 TOTAL SALES OR ACQUISITIONS: $32,652,492 — 55 (53 leases & 2 sales) TOTAL SQUARE FOOTAGE LEASED OR SOLD: 264,085 s/f
CBC BENNETT WILLIAMS REALTY INC. 110 North George St., York PA 17401
BRIEF OVERVIEW OF 2011: While 2011 was still a slower market than past years, due to the economy, we started to see change towards the end of the year that indicates an upward turn around in 2012. Phones were ringing and deals were being signed, a welcomed change from the harsh eco- TOTAL SALES OR ACQUISITIONS: $137,500,000 TOTAL SQUARE FOOTAGE LEASED OR SOLD: 1,635,536 s/f
Brad Rohrbaugh
BRIEF OVERVIEW OF 2011: 2011 was an extremely successful year for Taylor Long Properties, with a 40% in- crease in leased and sold square footage, which represents 31% more transactions than 2010. Our success, based on our expertise and professionalism, has allowed us to sign
Chad Stine
Ellen Long
21 new listing agreements since the beginning of 2011, which represents more than 3 million square feet of gross leasable area. Our team is highly focused on our clients’ needs and objectives, which explains the confidence that Landlords and Tenants place in us Properties. SHORT STATEMENTON 2012 OUTLOOK: We think that 2012 will be another record-breaking year for Taylor Long Properties. Sales and leasing activity continue to grow steadily with both Landlords and Tenants having optimistic attitudes about the retail business. ■
nomic climate of the past few years. We saw expanded franchise growth and an increased interest from investors to invest in new business oppor- tunities. We also saw a growing interest on the part of shopping center owners to buy and sell properties and to expand their real estate holdings portfolio. Overall, 2011 showed promising signs for 2012.
SHORT STATEMENT ON 2012 OUTLOOK: If the activity at the end of 2011 is any indication, the commercial real estate market will likely rebound and 2012 will see prosperous growth. ■
CBC B ENNETT W ILLIAMS
T AYLOR L ONG P ROPERTIES
Silver Spring Square
Newberry Pointe Old Trail Road Newberrytown, PA 17319 1,500-6,500 SF FOR LEASE
Mechanicsburg, PA 17050 1,600-3,200 SF FOR LEASE Carlisle Pike & Lambs Gap Road
Coldwell Banker Commercial Bennett Williams 110 N. George Street-4th Floor York, PA 17701 717-843-555 www.bennettwilliams.com
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