34A — June 22 - July 12, 2012 — Shopping Centers — Mid Atlantic Real Estate Journal
www.marejournal.com
S HOPPING C ENTERS
SVP Brunelli-Albrecht reps the tenant R.J. Brunelli & Co. completes 11,000 s/f lease for Dollar Tree
Central PA’s Leading Commercial Industrial Real Estate Firm*
O
LD BRIDGE, NJ — R.J. Brunelli & Co., LLC announced
Our Agents:
the recent completion of a series of leases that will bring major retailers, res- taurants, financial services tenants and other uses to sites throughout New Jersey and Pennsylvania. Dollar Tree recently opened in 11,000 s/f at Crosspointe Town Square, a 392,000 s/f shopping center located at 29 Woodbridge Center Drive in Woodbridge. R.J. Brunelli se- nior vice president Danielle Brunelli-Albrecht brokered the lease on behalf of Dollar
Bradley Swidler Craig Rahn Daniel Alderman
David Rudy Jason Sourbeer Joseph Bedard, SIOR Justin Shoemaker Mark Santanna M. Richard Kleiman Nathan Kranz Nik Sgagias Peter Gemora Robin Zellers, SIOR, COO
Erik Gainor Fahd Malik Harold Leibenson Ida McMurray, CCIM, SIOR Jack Shepley, SIOR James Ross William Gladstone, CCIM, SIOR
*Based on Central Penn Business Journal Report of Commercial Real Estate Firms 2008-2011
Dollar Tree
Tree. This latest lease follows
transactions the Old Bridge- based firm completed last year for Dollar Tree stores in Aberdeen, Clifton and Park Ridge, and for the company’s Deal$ concept in Bloomfield, Fairlawn and Paterson. In Old Bridge, senior vice president Bill Lenaz recently brokered a deal between landlord 39 Matawan Road LLC and Walgreens that will bring the drug store chain to a site at the intersection of Laurence Harbor Road and Matawan Road that previ- ously housed an Exxon gas station. Walgreens plans to build a 12,705 s/f freestand- ing store on the site, located just off the Garden State Parkway. In Middlesex County, Lenaz represented Red Robin Gour- met Burgers on its lease for approximately 7,500 s/f at Woodbridge Center Mall, a super regional mall located at Route 1 and Woodbridge Center Drive. The national full-service family restau- rant chain plans to open during the third quarter of 2012. n Landlords & tenants should . . . understand the implications of every significant lease provi- sion. And the best way to do so is with a thorough, timely and expert lease abstract. David I. Tesler, Esq., is the CEO of LeaseProbe LLC, produc ing commerc ial lease abstracts and han- dling Lease Administration and CAM Audits, and Real Diligence LLC, a company that specializes in financial due diligence of real estate and notes. LeaseProbe and Real Diligence are part of the Madison Commercial Real Estate Services family of companies. n Continued from page 32A
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