22 — February 24 - March 15, 2012 — Top Retail Deals 2011 — Mid Atlantic Real Estate Journal
www.marejournal.com T OP R ETAIL D EALS “2011” Featured 2011 Top Retail Headlines January 28, 2011 Marcus & Millichap sells $31.5 million, 445,907 s/f SC. Brad Nathanson of the NR Philadelphia and Kerber of NIOPG in Detroit negotiated the transaction Marcus & Millichap Taylor & Zang arrange three sales totaling $9.4 million, in addition Munley assists in$2.727+M sale of Bank of America brand office to ARC Properties Marcus & Millichap’s Philadelphia office sells two buildings totaling $3 million. Matthew Gorman, Tom Gorman and Michael Shover represented the sellers WP Realty acquires 115,411 s/f Mayfair Shopping Center in Philadelphia February 25, 2011 Cushman & Wakefield’s Metropolitan Area Capital Markets Group arrange $48M sale The Goldstein Group brokers $2.775M sale of Entenmann’s Facility in Edison, NJ Taylor Long Properties signs 50,029 s/f lease in VA Equity Retail Brokers, Heckmann represents Pathmark/A&P in 32,000 s/f lease March 25, 2011 Cronheim Mortgage’s Stewart & Westhoff arrange $9 million acquisition financing Marcus & Millichap Dougherty, Taylor & Zang rep seller in $2.83M SC sale R.J. Brunelli & Company completes 69,400 s/f in series of leases, with the largest of the deals represented by Bill Lenaz for 40,000 s/F Whole Foods Market lease. Danielle Brunelli-Albrecht reps 18,200 s/f and Ron Deluca reps 11,200 s/f April 22, 2011 Cronheim arranges $18.9M financing for retail center at Mansfield Commons Marcus & Millichap Horvath, Tremblay & Lambardi sell $10.25M Stop & Shop Nathanson of Marcus & Millichap sells 14,485 s/f building totaling $6.835 million. KW Commercial-The James Balliet Comm’l Group brokers $2.36M Shopping Center Welco Realty signs 30,000 s/f retail lease in Paramus, NJ May 27, 2011 Thurston of Marcus & Millichap sells retail building in Paramus, NJ for $7.95 Million Marcus & Millichap’s Nathanson sells $2.44M building WP Realty announces Shaw’s portfolio acquisition totaling 659,143 s/f Equity Retail Brokers 1.5 Acres lease & 24,000 s/f lease June 24, 2011 Colliers brokers $9 million retail sale. William Aiello & George Lulos reps both parties Marcus & Millichap’s Taylor, Zang & Snell broker $4.6m sale of Ayden Crossing Welco Realty reps Prestige Properties & Dev. in 28,000 s/f store opening in Bay Plaza
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The James Balliet Commercial Group “The Lehigh Valley’s Premier Full Service Commercial Real Estate Company” x Shopping Center Sales & Leasing x Retail, Office, Medical & Industrial Properties x Tenant Representation x Business Brokerage x Commercial Land Brokerage x Multi Unit Apartments x Distressed Property & Asset Management
KW Commercial | 40 S. Cedar Crest Blvd.| Allentown, PA 18104 610-435-4711 www.lehighvalleycommercial.com
Peter Snell
Dean Zang
Steve Gartner
Mark Taylor
Christopher Munley
Central PA’s Leading Commercial Industrial Real Estate Firm*
Conrad Heckmann William Aiello
Andrew Stewart
James Balliet
George Lulos
Our Agents:
Bradley Swidler Craig Rahn Daniel Alderman Erik Gainor Fahd Malik Harold Leibenson
David Rudy Jason Sourbeer Joseph Bedard, SIOR Justin Shoemaker Mark Santanna M. Richard Kleiman Nathan Kranz Nik Sgagias Peter Gemora Robin Zellers, SIOR, COO
Ida McMurray, CCIM Jack Shepley, SIOR James Ross William Gladstone, CCIM, SIOR
From the design phase to job close out, All-Rite delivers the highest quality workmanship in professional collaborative environment for a win-win outcome on every project, large or small! Call today to speak to one of our construction experts about your needs: 1-800-255-7483 www.all-riteconstruction.com
*Based on Central Penn Business Journal Report of Commercial Real Estate Firms 2008-2010
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