4A — February 10 - 23, 2017 — M id A tlantic
Real Estate Journal
M id A tlantic R eal E state J ournal 3,993,874 s/f portfolio offers leasing of small spaces to anchors Cedar realty trust hires metro commercial to lease 24 centers
Immediate Action Required • Offers currently being considered Portfolio of Environmentally ImpactedDevelopment Sites Three Sites Located in New Jersey BANKRUPTCY SALE (Subject to Bankruptcy Court Approval) Offer Deadline: March 22, 2017 n Kearny, Hudson County, NJ – Belleville Turnpike 28.65 Acres Across 4 Parcels n Kearny, Hudson County, NJ – O’Brien Road 6.76 Acres Across 5 Parcels n Newark, Essex County, NJ – 5.82 Acres Across 2 Parcels All Environmental Issues Have an Active Responsible 3 rd Party
LYMOUTH MEET- ING, PA — Metro Commercial Real Es- tate, Inc ., has been hired by Cedar Realty Trust to lease their Pennsylvania portfolio of 23 properties as well as one New Jersey location. Cedar’s portfolio offers leas- ing opportunities from small spaces to anchors to pad sites. Collectively the GLA of these 24 sites is 3,993,874 s/f. “We are pleased to have been selected to be the ex- clusive agent for one of the most respected REITs in our industry. Metro possesses the expertise and the right team to quickly execute large assignments like this,” said TomLondres , president and CEO at Metro Commercial. “We look forward to part- nering with Metro Commer- cial and believe the synergy between our firms will allow us to best cover the market, create value and return for our shareholders,” said Rob- in Ziegler , chief operating officer of Cedar Realty Trust. “Metro is well versed in both the urban and suburban markets within our region, and we’ve constructed a team of local experts that can P
doah, PA; +/- 71,720 s/f • Golden Triangle - Lan- caster, PA; +/- 202,790 s/f • Halifax Plaza - Halifax, PA; +/- 51,510 s/f • Hamburg Square - Ham- burg, PA; +/- 99,580 s/f • Lawndale Plaza - Philadel- phia, PA; +/- 93,040 s/f • Maxatawny Marketplace - Kutztown, PA; +/- 59,939 s/f • Meadows Marketplace - Hummelstown, PA; +/- 91,518 s/f •Mechanicsburg Center - Me- chanicsburg, PA; +/- 51,500 s/f • Newport Plaza - Newport, PA; +/- 64,489 s/f •NorthsideCommons - Camp- belltown, PA; +/- 69,136 s/f • Palmyra Shopping Center - Palmyra, PA; +/- 111,051 s/f • Port Richmond Village - Philadelphia, PA; +/- 154,908 s/f • River View Plaza - Phila- delphia, PA; +/- 236,217 s/f • Swede Square - East Norri- ton Township, PA; +/- 100,816 s/f • The Commons - Dubois, PA; +/- 203,426 s/f • The Point - Harrisburg, PA; +/- 268,037 s/f • Trexler Mall - Trexler- town, PA; +/- 337,297 s/f • Trexlertown Plaza - Trex- lertown, PA; +/- 319,529 s/f • Washington Center Shop- pes- Sewell, NJ; +/- 157,394 s/f
speak to each center’s specific needs based on their loca- tion, demographics and retail mix,” said Joe Dougherty , executive VP and principal at Metro. The leasing team includes executive VP and principals Joseph Dougherty and Glenn Marvin and vice presidents Pat Gallagher , Valerie Pettine and Lars Kerstein . “We have a wide breadth of knowledge and relationships in both the urban and sub- urban retail markets of the region. Recently, we’ve seen a dramatic shift with suburban retailers looking to expand in the urban environment and this is an area where Metro’s relationships with local, re- gional and national tenants comes as a huge advantage,” said Kerstein. Property locations: • Academy Plaza - Philadel- phia, PA; +/- 137,415 s/f • Camp Hill - Camp Hill, PA; +/- 463,967 s/f • Colonial Commons - Har- risburg, PA; +/- 461,914 s/f • Crossroads II - Bartons- ville, PA; +/- 133,717 s/f • Fairview Commons - New Cumberland, PA; +/- 52,964 s/f • Gold Star Plaza - Shenan-
ADDITIONAL PROPERTIES: PAINESVILLE, OH & TUSCALOOSA, AL
KEEN-SUMMIT CAPITAL PARTNERS LLC (646) 381-9222 • Keen-Summit.com
Client: KEEN-SUMMIT • Job No: GAK-187 Publication: Mid Atlantic RE Journal (NJPA RE Journal) Issue Date: 2/10, 2/24 & 3/3 Size: 4”x 4.25” Leading the Real Estate Investment Market Contact us today to access the largest inventory of properties. This Ad Prepared by SMM Advertising 631-265-5160
J.D. Parker Manhattan
Brian Hosey New Jersey (201) 582-1000 Bryn Merrey Washington, D.C. (202) 536-3700
(212) 430-5100 Brenton Baskin Philadelphia (215) 531-7000
Firmly Rooted in the Law and in the Community We are well grounded in every facet of real estate law, from acquisition to construction. We are committed to serving the needs of our clients and our communities.
Offices Throughout the U.S. and Canada
FULL SERVICE COMMERCIAL REAL ESTATE BROKERAGE & ADVISORY FIRM
SOME PLAY BY THE BOOK. WE’RE REWRITING IT.
Landlord Representation Tenant Representation Research & Marketing Information Corporate Real Estate Representation
Appraisal & Advisory Services
Contact: NEIL A. STEIN • firstname.lastname@example.org 910 Harvest Drive, Blue Bell, PA 19422-0765 • 610-941-2469 • www.kaplaw.com Visit our Blogs: www.pennsylvaniaconstructionlawyer.com www.philadelphiarealestatelaw.com Kaplin Stewart Attorneys at Law
Putting our experience to work for you. In a whole new way.
For more information, visit WolfCRE.com or call 856-857-6300 .
Building Successful Relationships TM
Marlton, NJ l King of Prussia, PA
Made with FlippingBook - Online Brochure Maker