4A — March 30 - April 12, 2018 — Shopping Centers — M id A tlantic
Real Estate Journal
www.marejournal.com
S hopping C enters
ennett Square, PA — The Shoppes at Longwood Village, Lahn represents the landlord in Kennett Square, PA Waters Retail Group signs leases totaling 49,333 s/f at The Shoppes at Longwood Village K as Two Stones Pub, Hearth Kitchen, Capriotti’s, Red So- brero, and Wendy’s.
• Fine Wine & Good Spirits “Premium Collection,” which is operated by the Pennsylvania Liquor Control Board, will of- fer their customers a bRd.er selection of products and an enhanced space to shop. The new “PremiumCollection” store will also feature a warmer and friendlier décor with a new tasting bar. • Ulta Beauty, which is based in Bolingbrook, Illinois, is the largest beauty retailer in the United States and the premier beauty destination for cosmet- ics, fragrance, skin, hair care products and services. Ulta operates over 1,000 stores throughout the Country with its closest locations in Exton, PA and Wilmington, DE. • Carter’s/Osh Kosh, which is based in Atlanta, Georgia, is the leading brand of children’s clothing, gifts and accessories in America with over 1,000 stores in the USA, Canada and Mexico. Carter’s/OshKosh’s closest locations are in Exton, PA and Wilmington, DE. n Neuman Comm’l. Group arranges sale of a Joppa Center for $2.675M
• Ross Dress for Less, which is based in Dublin, California, is the second-largest off-price re- tailer behind TJX Companies, parent company of Marshall’s, TJ Maxx and HomeGoods. Ross has over 1,300 stores through- out the Country with its closest location in Exton, PA. Ross offers first-quality, in-season, name brand and designer ap- parel, accessories, footwear and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day.
which opened in the Fall of 1992, is about to welcome four new retailers to the shopping center. Waters Retail Group , a Southeast Pennsylvania de- velopment, management, leas- ing, and brokerage firm, has signed leases with Ross Dress for Less (22,000 s/f), Fine Wine & Good Spirits “Premium Col- lection” store (12,000 s/f), Ulta Beauty (10,333 s/f), and Cart- er’s/OshKosh B’gosh (5,000 s/f). Construction will begin this Spring with the new stores opening in Spring and Fall,
The Shoppes at Longwood Village
2019. Kevin Lahn of Waters Retail Group represented the landlord in these transactions. The Shoppes at Longwood Village is located at the inter- section of East Baltimore Pike and Bayard Rd. in Kennett
Square, PA. The 141,940 s/f Shopping Center is anchored by TJ Maxx, Famous Footwear, Staples, Jos. A. Bank, Salon Secrets Spa + Boutique, Nor- man’s Hallmark and Starbucks and includes such restaurants
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Joppa Center
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last week for $2.675 million. It has been continuously 100% leased since construction to its two original tenants, Active Day|Senior Care, one of the nation’s largest adult day care providers with 90 locations, and leading early childhood Celebree Learning Center. Neuman Commercial Group, led by principal, Gil Neu- man represented the seller, Heritage Properties, Inc. and procured the buyer, a private investment group. n
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