19A — July 24 - August 13, 2020 — M id A tlantic Real Estate Journal
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M id A tlantic R eal E state J ournal
Carroza and Cooper of Metro Commercial represents Kimco Realty DePetris of Legend Properties, Inc. represents tenant in 62,532 s/f lease in Cherry Hill, NJ
HERRY HILL, NJ — Hung Voung stores and its owners Defu Liu and Yamei Zhu, known as Barry and Mei announced the opening of a new Hung Voung Market July 3rd in Cherry Hill on Brace Rd. The 62,532 s/f market will feature a complete assortment of Asian and international foods large variety of fresh produce, seafood, meats and poultry. This is their forth store in the market. They opened a store in Mayfair shopping center on northeast Philadelphia Dec 9 2019. Mi- chael DePetris of Legend Properties, Inc. represented the tenant. Steve Carroza and Rob Cooper of Metro Commercial represented the landlord Kimco Realty . The tenant also subleased 44,793 s/f of store space in the center and has subleased to a number of Asian restaurants and stores to create southern New Jerseys largest Asian mall. MAREJ SVN Miller CRE’s Insley sells 314 Civic Avenue SALISBURY, MD — Ton- ney Insley , advisor with SVN Miller Commercial Real Estate settled on 314 Civic Ave., Salisbury. Insley repre- sented the seller during this transaction. C The property was operated by Wraparound Maryland whose mission is to provide care coor- dination services for families and youth to feel supported, encouraged and hopeful that their vision and goals will be re- alized. Wraparound Maryland recently expanded to a larger location in Salisbury. Kimberly Cooke, the seller, said, “Tonney made an otherwise arduous process enjoyable, sticking with what was always in my best interest and getting us to an amazing resolution.” The buyer is Maryland Capi- tal Enterprises who support local small businesses with business plan development and small business lending to start, expand or purchase an existing business. This location will serve as their new head- quarters. Christian Phillips, NAI Coastal , represented the buyer. Tonney said, “It’s always a great feeling, helping lo- cal businesses achieve their goals.” MAREJ
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