Cool Treats and Healthy Pets “Rule” in Maple Glen

Greg Jones and David Goodman of Equity Retail Brokers were pleased to represent the Landlord in leasing a total of 8,254 SF of inline space at the Maple Glen Shopping Center, located at 1925 Norristown Road in Maple Glen, Montgomery County, PA.  The new tenants are as follows:

• Navé Frozen Yogurt – Leased 2,000 SF of space in the center.  Opening Winter 2012/2013.  Navé Frozen Yogurt is a self-serve frozen yogurt and toppings café that offers 14 flavors of frozen yogurt plus 60 toppings daily.

• Dogs and Cats Rule – Leased 6,254 SF of space in the center.  Opening Winter 2012/2013.  Shon Guttman of Legend Properties represented the tenant.  Dogs & Cats Rule decided that pets deserve to enjoy the most natural, safe and well-made products that are available. With this philosophy intact, Dogs & Cats Rule has evolved into a leader in this area, being on the cutting-edge when it comes to natural foods and pet supplies.

The Maple Glen Shopping Center is a newly renovated, Giant-anchored center in the heart of Maple Glen, an upscale residential suburb that serves the Horsham and Upper Dublin Communities.  The center boasts great access, visibility and ample parking.  Other tenants include Wells Fargo, Wine & Spirit Shoppe, Giovanni’s Pizza, Maple Glen Cards & Gifts, Accent Framing, Crystal Nails & Spa and Danielle’s Café.

Please feel free to contact either David (484-417-2219, dgoodman@equityretailbrokers.com) or Greg (484-417-2224, gjones@equityretailbrokers.com) for more information on other retail opportunities.

 

Main Line Center Welcomes Three (3) New Tenants

David Goodman of Equity Retail Brokers was pleased to represent the Landlord in leasing a total of 3,207 SF of inline and endcap space at Eagle Village Shops, located at 503 Lancaster Avenue in Wayne, Delaware County, Radnor Township, PA.  The breakdown of space is as follows:

• Samuel T. Freeman & Co., Philadelphia’s leading appraisers and auctioneers since 1805, recently opened a branch in Wayne’s Eagle Village Shops.  Freeman’s Main Line location will serve as a local point of reference for its customers’ consignment, purchasing and appraisal needs.  Freeman’s has leased 1,480 SF of space for their new branch, which is now open.

• Balée Antiques and Design features fine art, high-end furniture, jewelry, lighting, architectural pieces, design services and much more.  Balée Antiques leased 974 SF of space for their new store, now open.

• Silver Moon Studio Antiques features elegant and trendy French and European style antiques and accessories, with collections ranging from 18^th to 20^th century modern and new artisan made items.  Silver Moon’s new 753 SF store is now open.

Eagle Village Shops is an open-air lifestyle center that has preserved its quaint village feel while undergoing a recent, multi-million dollar expansion.  Brick paved walkways, ample storefront parking, beautifully landscaped grounds and cottage-like shops encompass this high-profile Main Line property. 

Please feel free to contact David (484-417-2219, dgoodman@equityretailbrokers.com) for information on other retail opportunities.

Cool By The Pool

Brian Wherty of Equity Retail Brokers was pleased to represent Anthony & Sylvan Pools in leasing approximately 1,500 SF of inline space at Plaza 73, located at 140 Route 73 in Marlton, Burlington County, NJ.  This neighborhood center is owned by Plaza 73 Investors, LP.  Anthony & Sylvan Pools is now open.

For over a half century, Anthony & Sylvan has been recognized for its reputation for excellence. This reputation was earned not because they have some of the lowest prices, but rather because they provide a high value to their customers. With the time and money that is invested into adding a swimming pool to a backyard, you want the right swimming pool builder to do the job properly, professionally and with high-quality workmanship.  Over 370,000 families nationwide have trusted Anthony & Sylvan Pools with that responsibility and their swimming pools have stood the test of time.  Let them provide your family with the same level of high quality customer service and workmanship.

Please feel free to contact Brian at 484-417-2222 or at bwherty@equityretailbrokers.com for information on other retail opportunities.

Landlord “Counts” On Equity Retail’s Leasing Division

Equity Retail Brokers was pleased to represent the Landlord, 3x2 LP, in securing Citizens Bank as the tenant for a 3,500 SF pad site located at 733 W. Lancaster Avenue, Bryn Mawr, Montgomery County, PA.  The site was formerly a Dunkin’ Donuts.  Citizens Bank is now open.

Citizens Financial Group, Inc. is a $132 billion commercial bank holding company. It is headquartered in Providence, RI, and through its subsidiaries has more than 1,500 branches, approximately 3,900 ATMs and more than 20,900 employees. It operates its branch network in 12 states and has non-branch retail and commercial offices in about 40 states.

If you would like more information on how to lease your retail vacancies, please contact Equity Retail Brokers, Inc.’s President, Ed Ginn, at

610-645-7700, Ext. 101 or eginn@equityretailbrokers.com.

Running with Equity Retail: ShopRite, Giant are sales leaders once again

Food Trade News’ annual market study of grocery retailers, which contains page upon page of sales figures, market share data and analysis, revealed once again that ShopRite and Giant are the Delaware Valley and Philadelphia leaders. And with more stores in the pipeline, including 15 Genuardi’s stores soon to become Giants, their reign looks like it will continue for a long time.

·         ShopRite, Giant tops again in Greater Philly sales

·         Supervalu can be bought at a big discount, analysts say

·         Walmart less threatening to supermarkets than it used to be

·         McCaffrey’s to acquire Genuardi’s in Newtown, PA

·         Traditional supermarkets lost stores in 2011, high-end grocers added stores

For more good reading, be sure to visit Rob Samtmann’s blog, Boxing with Equity Retail, which covers retail boxes, big and small.

Lastly, if you ever want to talk grocery-anchored shopping centers, or if I can help you with your real estate needs, please don’t hesitate to call me.

All the best,

David

Featured Property - New Retail in Hatfield

David Goodman of Equity Retail Brokers is pleased to present pad sites and retail space available for lease at 1625 Cowpath Road in Hatfield, Montgomery County, PA.  This 2± acre property is situated across from the new grocery-anchored Snyder Square, whose tenant roster includes a 75,000 SF Giant, CVS, TD Bank, STS Auto, Giant Gas and more.  The two centers share a signalized intersection that offers great visibility on a road (Cowpath) with high traffic counts. 

“In the last two years, Hatfield has welcomed two new grocery-anchored centers,” said Goodman.  “This site on Cowpath Road represents a great opportunity for retailers to piggyback on the success of a high-volume supermarket and a growing community.”

Please feel free to contact David (484-417-2219, dgoodman@equityretailbrokers.com) for more information on this property.

Two (2) New Tenants Join the Southampton Mix

Equity Retail Brokers were pleased to represent the Landlord, Southampton Real Estate MZL, L.P., in leasing a total of approximately 4,200 SF of inline space at the Southampton Shopping Center.  The center is located on Second Street Pike in Southampton, Bucks County, PA.  The two (2) new leases are as follows:

• Tip N Toe Spa leased approximately 1,400 SF of space for a new spa location, now open.  At Tip N Toe Spa, you will experience an environment like no other.  Their mission is to provide consistent and exceptional service with a superior level of creativity and integrity.  All services are performed in a professional and relaxing atmosphere.

• House of Pho leased approximately 2,800 SF of space for a new restaurant, now open.  House of Pho serves traditional, made-to-order Vietnamese Cuisine.  Dine-in or take-out.  They offer a special vegetarian menu and a quick lunch of Pho made in 10 minutes or less.

Tip N Toe Spa and House of Pho join a strong retail tenant mix in the newly renovated center, including Giant, Susan’s Hallmark, Tuesday Morning, GameStop, UPS Store, Salad Works, Incredible Edibles, Wine & Spirits, Kumon Learning Center, Citizen’s Bank and First Federal of Bucks County.  “Equity Retail Brokers continues to add value to our Landlords’ assets as we stay focused on leasing high-quality retail and grocery- anchored shopping centers,” commented Ken McEvoy, Principal at Equity Retail Brokers.

Please feel free to contact either Greg (484-417-2224, gjones@equityretailbrokers.com) or Ken (484-417-2226, kmcevoy@equityretailbrokers.com) for information on other retail opportunities.