M id A tlantic Real Estate Journal — Retail Development Reimagined — August 28 - September 10, 2020 — 11A
www.marej.com
R etail D evelopment R eimagined
OOSIC, PA — U.S Properties Group (USPG) announced Apparel store is slated to open September 24th, 2020 U.S. Properties Group adds 10,000 s/f Versona to The Shoppes at MontageMountain inMoosic, PA M
assortment of restaurant and entertainment venues, which are open and producing qual- ity offerings under a safe and COVID-19 restricted environ- ment. Gord Wiebe , director of USPG said, “Moosic, PA con- tinues its growth and The Shoppes at Montage Mountain is the premier place to shop. We at U.S. Properties Group are seeing continued trends to occupy and favor our outdoor open-air centers as their first choice of locations. We appreci- ate all of our tenants and the important role of businesses
that will help fuel the local economy and attract guests to our centers. Versona is a quality addition that keeps the brick and mortar retail world alive and vibrant.” Tim Todaro , VP leasing and development for USPG said, “The addition of this business adds that key factor of active retail – representing and supporting the local com- munity – and keeps the lively retail offerings that make The Shoppes at Montage Mountain the place to shop, dine and entertain in the Moosic and surrounding areas.” MAREJ
leasing activity at The Shop- pes at Montage Mountain shopping center in Moosic. Its latest signed lease, a 10,000 s/f Versona, is slated to open September 24th, 2020. Versona, an apparel, jew- elry, and accessories brand that centers on the unique approach to fashion, welcomes its inclusion at The Shoppes at Montage Mountain. The popular “priced right everyday fashion” store centers around the customer – “The heart of everything we do.” Their clien- tele is of the unique club that take risks with their fashion, but not their budget. The col- lective group budgets their time with work, family, and social commitments. Versona capitalizes on these traits and offers a one-stop-shop to complete a look from head to toe. Their guest shoppers pos- sess and express individual style that doesn’t conform and DRE leased 11,084 s/f in Lake Shores Plaza VIRGINIA BEACH, VA — Divaris Real Estate, Inc. (DRE) announced the completion of new commercial leases. SecondChance Thrift leased 11,084 s/f of retail space in the Divaris-leased and -managed Lake Shores Plaza located at 5193 Shore Dr. in Virginia Beach. David Bickford rep- resented the landlord in the lease negotiations. Burn Boot Camp leased 5,306 s/f of retail space in the Divaris-leased Fairfield Shop - ping Center located at 5242 Fairfield Shopping Center in Virginia Beach. Kris Fuller and George Fox represented the landlord in the lease nego- tiations. Other tenants in the Food Lion-anchored Fairfield Shopping Center include T.J. Maxx, Rite Aid, and Verizon. The Egg Bistro leased 3,726 s/f of office space in the Diva - ris-leased Haygood Shopping Center located at 1021 Inde- pendence Blvd. in Virginia Beach. Fox and Fuller rep- resented the landlord in the lease negotiations. Other ten- ants in the Harris Teeter- and Marshalls-anchored Haygood Shopping Center include Dol- lar Tree, Rite Aid, GNC, and Chick-Fil-A. MAREJ
The Shoppes at Montage Mountain
planned re-opening of Har- vest Seasonal Grill slated for mid-August will bring it to 98%. The center continues to supply the area with a great
stands out. The Shoppes at Montage Mountain has a current open- ing rate of stores affected by the pandemic at 95%, the
BORRUS ASSOCIATES Commercial Investment Real Estate NEED INVESTMENT PROPERTIES
Julius Borrus Broker & President Borrus Associates 340 Rte 35 South Red Bank, NJ 0771 P: 908-839-0052
borruscommre@aol.com A Member Of The International Council Of Shopping Centers NY, NJ, CT, PA INVESTMENT REAL ESTATE
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