Mid Atlantic Real Estate Journal — Shopping Centers — December 21, 2012 - January 10, 2013 — 15A
Why I rely on ROCK.
S hopping C enters
“I felt confident with ROCK’s level of professionalism and their commitment to maintain our property’s settlement schedule.”
VP Barbehenn reps Avalon Carpet in 21,600 s/f lease Anapol of Metro Commercial negotiates 45,524 s/f lease P
~Tim Rutter, Rutter’s Farm Stores
ENNSAUKEN, NJ — Metro Commer- cial Real Estate, Inc. announces the following lease transactions: · Metro Commercial negotiated a new 45,524 s/f lease with Res- taurant Equippers at The Point in Pennsauken, NJ. Brandon Anapol , of Metro Commercial announced that Restaurant Equippers will be opening their first location in this area in the spring of 2013 at The Point. The Point in Pennsauken, is located at the intersection of Route 38 and Route 70, just over the Ben Franklin Bridge in Pennsauken. Owned by Sauken Asso- ciates, L.P. , the 118,000 s/f mixed-used complex is a rede- velopment of a former movie theater building. Brandon Anapol represented Restaurant Equippers in the transaction, and the landlord was represented by Glimcher Group, Inc. · Metro Commercial Real Estate, Inc. has negotiated a lease forAvalon Carpet Tile and Flooring, to occupy 21,600 s/f in Monmouth County, NJ. The new site for the store is 1500 Route 35 in the Ocean Town- ship. The store is schedule to open in December 2012. The new Monmouth County location is Avalon Carpet Tile and Flooring’s 14th store in the the tri-state marketplace, BLUE BELL, PA —Although the economy has been a major factor for many retail segments, the pet industry continues to see unprecedented growth driven largely by the increased importance of family pets in many households. Pet Supplies Plus (PSP) illustrates this trend
Susquehanna Commerce CenterWest 221W. Philadelphia St., Suite 19 York, PA 17401 717.854.5357 www.rockrealestate.net
Ben Chiaro - Larry O’Brien - John Birkeland - Greg Finkelstein
Avalon Carpet Tile and Flooring
with more locations planned for 2013. Metro Commercial’s vice presi- dent Brent Barbehenn repre- sented Avalon Carpet Tile and Flooring, in the transaction. · The Tile Shop is expanding the Philadelphia region, and Metro Commercial has com- pleted a 17,405 s/f lease for the tile retailer in Langhorne, PA. The store will open in the spring of 2013 at 2270 East Lincoln Highway adjacent to the Oxford Valley Mall. Metro Commercial’s J oe Dougherty represented The Tile Shop as the local broker in the high-profile transaction, along with Great Street Re- alty Partners of Chicago. · Metro Commercial Real Estate brokers, Joe Dougherty and Brandon Anapol are doing their part to ensure that Great Northeast Plaza adds style and
elegance to their current roster of tenants. Dougherty and Anapol re- cently managed lease negotia- tions with David’s Bridal and the stylish wedding retailer is expected to open its 8,164 s/f location at the intersection of CottmanAvenue and Bustleton Avenue by the spring of 2013. In addition, the Conshohocken, PA based retailer is regionally rep- resented by Metro Commercial president Steven Gartner . Owned and managed by an af- filiate of Kimco Realty , Great Northeast Plaza is part of an 883,000 s/f retail mecca that in- cludes Target, Sears, Petsmart, Pathmark and many other national and local retailers. David’s Bridal is relocating this store from its longtime home at Roosevelt Boulevard and Harbison Avenue in Northeast Philadelphia. n
with the recent opening of a new 7,650 s/f location at The Shops at Blue Bell in Blue Bell. “Americans consider pets to be an extension of their families, making businesses that cater to dogs, cats and other animals a stable, growing market,” said Michael Cohen , Levin’s vice- president of leasing for Levin Management. “Pet Supplies Plus is a recognized leader in the pet supply industry, and we expect its presence to further enhance The Shops at Blue Bell’s reputation as a premier ‘one-stop shopping’ destination.” n Pet Supplies Plus opens at Levin-managed The Shops at Blue Bell
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