14B — March 29 - April 11, 2013 — Shopping Centers — Mid Atlantic Real Estate Journal
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S hopping C enters
At Washington Town Center in NJ Azarian Realty Company announces 4,500 s/f in leases
Five Below and Sweet Thing Black Orchid MMRSwelcomes twonewtenants at The Shops at Waldorf Center
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A L DO R F, MD — Madison Mar- quette Retail Ser-
purchasing demographic. The shopping center, which is more than 80 percent leased, is an- chored by renowned national chains hhgregg, Christmas Tree Shops, Babies R Us, Michael’s, Ross Dress for Less, PetSmart, and Modell’s Sporting Goods. Summer through Fall, 2012, saw The Shops at Waldorf wel- coming new tenants including popular Mexican grill Café Rio, beauty retailer ULTA and pre- mium frozen yogurt purveyor Sweet Frog. Café Rio now oc- cupies 3,618 s/f of space while ULTAhas more than 11,000 s/f. ULTA, which provides one-stop shopping for prestige, mass beauty and salon products, is one of the fastest growing beauty retailers in the United States. Additionally, the center saw the opening of Verizon Fios and the relocation of Staples in October 2012. Verizon’s FIOS retail store now occupies 2,349 s/f. Staples introduced its new, forward-looking and innovative prototype store with the more than 15,000 s/f now showcased at The Shops at Waldorf. Two additional tenants opened this fall in The Shops at Waldorf. Genghis Grill, Over 18,330 s/f of retail space was leased by Urban on behalf of Spring Ridge LP to close out 2012. Yogo Fac- tory (2,420 s/f), Visionworks (3,200 s/f), Hong Thanh Restaurant (5,260 s/f) and AT&T (3,600 s/f expansion) all opened their stores in the last quarter of 2012. Anthony’s Coal Fired Pizza (3,850 s/f) is planning to open in July 2013. With over 615,000 s/f of retail space, Broadcasting Square boasts several large retail stores including Tar- get, Marshall’s, Bed Bath & Beyond, Petco, Dick’s Sport- ing Goods, Office Depot, Ulta, Babies“R”Us and Weis Mar- kets. Annually, Broadcasting Square generates over $200 million. Delaware County, PA — David Goodman re- cently completed three lease transactions totaling 3,257 s/f on the Main Line in Bryn Mawr, Montgomery County, PAandWayne/Radnor Town-
which specializes in Mongolian BBQ and Asian specialties and accessories retailer Charming Charlie opened in November 2012. Genghis Grill occupies 4,200 s/f and Charming Charlie occupies 8,000 s/f. This spring, The Shops at Waldorf are excited to feature the opening of Five Below which will offer everything from sporting goods, games, fashion accessories and jew- elry to the teen and pre-teen market. The leading retailer of trend-right, extreme-value merchandise will occupy 8,400 s/f and is scheduled to open in May 2013. Also opening in May is Sweet Thing Black Orchid, occupying 1,500 s/f of space. The event planning business will offer customers personal- ized cakes and sophisticated floral arrangements. “We believe these exciting new merchants will help re- invent our shopping center and meet the needs of Waldorf and the surrounding southern Maryland communities,” said Christina Davies, leasingAgent for MMRS. “We are thrilled to be creating more attractive shopping opportunities for our customers.” n ship, Delaware County, PA. For a total of 1,840 s/f at Eagle Village Shops in Wayne, Goodman represent- ed the landlord and secured two tenants, Jacques Ferber (1,230 s/f) and Gentlemen’s Choice (610 s/f). Jacques Ferber, a family business founded in Paris in 1879, sells furs and leathers, and provides remodeling, repair and storage services. The company also has locations in Philadelphia and Wilm- ington, DE. Gentlemen’s Choice will open next month and will provide haircuts for adults and children. This will be their third location; the others are in Paoli and Dresher. Additionally on the Main Line, Goodman assisted ndulge cupcake boutique in obtaining a 1,417 s/f inline strip center space located at 1039West LancasterAvenue, Bryn Mawr, Montgomery County, PA. The newly reno- vated property is opening in early 2013 and will sell cup- cakes, gelato, baked goods and beverages. n
vices (MMRS) announced today the signing of two new tenants at The Shops at Wal- dorf Center, which is owned and operated by the company. Newly signed leases include Five Below and Sweet Thing Black Orchid, which are both scheduled to open in May 2013. The two new tenants will join a veritable avalanche of new retailers and restaurants that have opened at the Waldorf, MD center in recent months in- cluding Café Rio, ULTA, Sweet Frog, Genghis Grill, Charm- ing Charlie, Verizon Fios and Staples. “We have seen amazing sales growth at Waldorf Center for all of our tenants – a sure sign that our retail and restaurant mix, location and strong com- munity orientation are drawing record numbers of shoppers and diners,” said Eric Christensen, general manager at The Shops at Waldorf. The Shops at Waldorf Center are situated in a close-in and rapidly growing DC suburb offering retailers an ideal op- portunity to attract a motivated Springfield, PA — Eq- uity Retail Brokers agents David Goodman and Rob Samtmann recently repre- sented Kimco Properties in leasing 16,732 s/f of retail space at Springfield Shop- ping Center, located at Route 1 and Route 320. Solid Wood Cabinet Com- pany (3,000 s/f), L.A. Boxing (4,325 s/f) and ATI Physical Therapy (2,970 s/f) opened their stores in early 2013. Taquiera Del Sol (3,396 s/f) and Leslie’s Swimming Pool Supplies (3,041 s/f) plan to open their doors in the near future. The newly renovated gro- cery-anchored center is ap- proximately 165,296 s/f and is home to Giant, Staples and Empire Beauty. A pad site and a few inline spaces are currently available for lease. Wyomissing, PA —Eq- uity Retail Brokers agent Rose Urban represented Spring Ridge, LP in leasing five retail stores with a total lease consideration of over
Super A&P Supermarket
Washington Town- ship, NJ — John Azar- ian announced that Azarian Realty Co. has entered into three new leases for space in the Washington Town Center located at 273 Pasack Rd. in Washington Township. The three leases consist of a total of approximately 4,500 s/f. Space has been leased to Dunkin’ Donuts, Original Pizza and Eye Level Learn- ing Centers. The Dunkin’ Donuts franchisee and owner of Original Pizza are previ- ous successful tenants of the Washington Town Center that Azarian Realty Co. was able to contact and bring back into the center. Fairfax, VA — Dewberry, a privately held professional services firm, has recently rehired Jack Vega, PE , as a manager of site/civil services in the firm’s Fairfax office. Vega’s primary duties will include in- tegrating Dewberry’s full-ser- vice site/civil engineering, land planning, and land develop- ment capabilities throughout Northern Virginia; growing the firm’s private- and public-sec- tor client base. Vega began his engineering career at Dewberry in 1988. In 1999 he transitioned to a posi- tion at Toll Brothers, where he supervised engineering, planning, and land surveying professionals for more than 13 years. He also guided the engineering group’s expansion to other markets. “Jack has nearly 25 years of experience with large mas- ter-planned communities that incorporate commercial, in- stitutional, and municipal components, which makes him a great asset to the company,” Dewberry adds Jack Vega, PE said Kurt Thompson , execu- tive vice president at Dewberry. “His experience throughout his career with planned mixed-use and transit-oriented develop- ment projects, such as the first phase of Freidheim Quadran- gle at American University, the Portals’Mandarin Oriental Ho- tel on Maine Avenue in Wash- ington, D.C., and Moorefield Station in Loudoun County, are invaluable in meeting the challenges our communities face now and in the future. This prior experience in the D.C. Metro region uniquely qualifies Jack to guide and support our multi-disciplined teams and our clients through the entitle- ment and engineering chal- lenges that often accompany such complex projects.” “Using my skill set, includ- ing nine years with Dewberry previously, I look forward to expanding Dewberry’s client base and services, as well as assist in integrating our ser- vices across multiple regions,” said Vega. n Eye Level Learning Centers has over 160 locations in 21 states and 15 countries. They will occupy approximately 1,000 s/f. All three tenants plan to open in the summer of 2013. The Wash i ng t on Town Center is an approximately 130,000 s/f, 38 unit neighbor- hood shopping center anchored by Super A&P Supermarket, Rite Aid, the United States Post Office and Tri-Plex Movie Theaters. Conveniently located to Exit 166 of the Garden State Parkway and Route 17, the Washington Town Center is the only retail destination for all of Washington Township and the surrounding communities. n
Equity Retail Brokers represent Kimco Realty in leasing 16,732 s/f at Springfield Shopping Ctr. $3.7 million at Broadcasting Square in Wyomissing.
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