6A — June 23 - July 13, 2017 — Shopping Centers — M id A tlantic
Real Estate Journal
www.marejournal.com
S hopping C enters
Bailey represents landlord in Delaware medical marijuana dispensary lease NAI Emory Hill sells 43,586 s/f retail center, situated on 5.2 acres
nounced sev- eral major retai l sale and l e a s e transactions of note, in- cluding: Lewes, DE - NAI Emory Hill Lewes W
sionate Care, a new medical marijuana dispensary in Sus- sex County. The Vineyards, a mixed-use development on Rte. 9 in Lewes, has office and retail space and pad sites available. Kirkwood Square Shopping Center was recently sold by NAI Emory Hill's retail bro- kerage team of Jim O'Hara, Jr., Jim O'Hara III and Kevin O'Hara . The 43,586 s/f retail center, situated on 5.2 acres at 5810 Kirkwood Highway (Rte. 2) between Newark and Wilmington, is anchored by Retro Fitness
and Accent Music. Peruchos leased 3,200 s/f of retail space which was formerly a Grotto's Pizza restaurant building for its new location at 1200 Pulaski Highway in Bear, DE. The authentic Peruvian restau- rant is relocating from its former site on Kirkwood Highway. NAI Emory Hill agents Becky Harrington and Lorraine Sheldon rep- resented the landlord in the transaction. n Triumph Real- ty Group reps. Ma c k - Ca l i i n 40,000 s/f retail lease Hanover, NJ — Mack- Cali Realty Corporation announced it has signed a lease with 24 Hour Fitness at the company’s shopping center at the intersection of Sylvan Way and Ridgedale Ave. in Hanover. 24 Hour Fitness will join anchor ten- ant Wegmans and will occu- py approximately 40,000 s/f. Headquartered in San Ra- mon, Calif., 24 Hour Fitness is a leading fitness industry pioneer with nearly four million members in more than 400 clubs across the U.S. The new club will fea- ture personal training ser- vices, popular group exercise classes, and a variety of strength, cardio, and func- tional training equipment. Wegmans is currently un- der construction and is sched- uled to open their 134,000 s/f supermarket on July 23 of this year. “Mack-Cali is thrilled about bringing 24 Hour Fit- ness to the Parsippany/Ha- nover area. 24 Hour Fitness will join Wegmans as key amenities not only for our office tenants and residents in the area but also the entire community. Adding ameni- ties like 24 Hour Fitness and Wegmans are at the core of Mack-Cali’s commitment to its tenants and the markets in which we are a part of,” said Michael DeMarco , Mack-Cali CEO. Mark Needle of Tri- umph Realty Group rep- resented Mack-Cali in the 24 Hour Fitness transaction, as well as, the Wegmans deal. Pierson Commercial rep- resented 24 Hour Fitness. n
ilmington, DE —NAI Emory Hill recently an-
Ann Bailey
broker Ann Bailey, CCIM , represented the landlord in the lease of 4,122 s/f of space in the Vineyards of Nassau Valley to First State Compas-
Vineyards of Nassau Valley
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