8A — February 28 - March 12, 2020 — Retail Development Reimagined — M id A tlantic Real Estate Journal
R etail D evelopment R eimagined
Nielsen handles sale negotiations on behalf of the purchaser Cushman & Wakefield | Thalhimer ink 132,638 s/f sale
Giletto and Ploshansky rep. landlord Vantage RES secures long-term retail lease
LEN ALLEN, VA — Cushman & Wake- field | Thalhimer
i s p l e a s e d to announce the sale of the f ormer Sears Build- ing located at 10101 Brook Rd. in Hen- rico County. Le e Ha l l Plaza, Inc . p u r c h a s e d
Connie Jordan Nielsen
328 Cross Keys Rd.
10101 Brook Rd.
Williamstown. The broker- age represented the landlord with the successful lease of
WILLIAMSTOWN, NJ — Vantage Real Estate Services (Vantage RES) announced a retail lease in
the 132,638 s/f building situ- ated on 10.25 acres from Sears, Roebuck & Company for $2.5 million as an invest-
ment. Connie Jordan Nielsen of Cushman & Wakefield |
Thalhimer handled the sale negotiations on behalf of the purchaser.
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+/-4,725 s/f to Sherwin Wi l l i ams , the storied Fortune 500 company in the general b u i l d i n g ma t e r i a l s space, best known for i ts epony- mous paint line. Sh e rw i n W i l l i a m s will be join- ing co-ten- a n t s P h o
Seeking Retail Opportunities Consistently Ranked #1 Franchise - 50+ Y ear T rack Record
City and Happy Nails & Spa in the retail shopping center located at 328 Cross Keys Rd. The center is con- veniently located on Berlin- Cross Keys Road and is surrounded by numerous amenities, including restau- rants, hotels, health clubs, Sam’s Club, and the Turn- ersville Auto Mall. The new location is easily accessible fromRte. 42 and the Atlantic City Expressway. Corinne Giletto , senior advisor, and Aran Ploshan- sky , director of operations at Vantage RES, worked closely with the landlord, Guzzo Development, and Sherwin Williams’ tenant representative to secure a ten-year lease, with multiple incentivizing options for renewal. This new space marks a significant expansion for Sherwin Williams through- out South Jersey. “There is a tremendous amount of growth in Wil- liamstown, both residential and commercial,” Giletto said. “We see Sherwin- Williams as a wonderful asset to this burgeoning community.”
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