Equity's Investment Sales Team Attends Net Lease Conference in New York

Left to Right:  Chris Lee – Equity Retail Brokers, Matthew May – May Realty Advisors, 

Gabe Kadosh – May Realty Advisors and Edward Ginn – Equity Retail Brokers

Ed Ginn and Chris Lee of Equity Retail Brokers attended the InterFace Net Lease Conference in New York on September 21, 2011.  They attended the show along with two (2) of their network affiliates from Los Angeles, California - Matthew May and Gabe Kadosh.

The conference covered the current demand for NNN assets, the availability of financing for NNN assets, new opportunities for developers as preferred developers for expanding tenants, and the impact of new accounting rules for the net leased business.

The conference was very informative and the keynote address given by Sam Chandan was very impressive.  Mr. Chandan is President and Chief Economist of Chandan Economics and  an adjunct professor of economics at the Wharton School of the University of Pennsylvania.  Ed Ginn said, “Mr. Chandan went over in great detail the current state of the economy.  He made a point to emphasize the persistent high unemployment and in particular the significant unemployment in various industries, like construction.”

According to Chris Lee, “The overall feeling from the conference is that even with all the uncertainty in the overall economy, demand for NNN assets will remain strong and cap rates will remain low.  There is a strong flight to quality NNN assets and investors are seeking stable yields from credit tenants with long term leases.”

Please feel free to contact either Ed (484-417-2201, eginn@equityretailbrokers.com) or Chris (484-417-2210, clee@equityretailbrokers.com) to evaluate your NNN property.

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Equity Retail Brokers is a full-service commercial real estate firm that specializes in retail properties located in eastern Pennsylvania, southern New Jersey and Delaware.  Equity Retail Brokers offers leasing, management, and investment sales services to owners of retail properties.  Equity also has a corporate real estate service group that offers tenant representation, consulting and disposition services to retail corporations.  Equity Retail Brokers is an affiliate of the Retail Brokers Network.  The Retail Brokers Network is an affiliation of over 60 real estate offices in North America.  For more information on Equity Retail Brokers, please contact Edward Ginn at 484-417-2201.                               

        

Shore Expert, Shore Deal

100 Route 9 South, Marmora, Cape May County, NJ

Rose Urban of Equity Retail Brokers is Equity’s resident “shore expert”.  She is our “go to” agent  who stays busy by leasing shopping centers and retail properties from Long Branch to Cape May, NJ.  Rose is currently working on the following projects:

·         Former Restaurant  - 3117 Fire Road, Egg Harbor Township, Atlantic County, NJ

·         Broadway Square - 120 South White Horse Pike, Hammonton, Atlantic County, NJ

·         Island Gym Plaza - 801 Tilton Road, Northfield, Atlantic County, NJ

·         Marmora Shopping Center - Route 9 and Roosevelt Boulevard, Marmora, Cape May County, NJ

·         Bayshore Mall - 3845 Bayshore Road, North Cape May, Cape May County, NJ

·         Retail Pad Site - 3150 Route 9 South, Rio Grande, Cape May County, NJ

Rose has recently disposed of a 20,000 SF freestanding building on 2.5 acres at 100 Route 9 South, Marmora, Cape May County, NJ.  Rose represented the Landlord, Ocean First Bank, in the transaction.  The former Volvo Car Dealership was purchased by Advantage Rental and Sales of Oceanview, NJ.  The property had been for sale for over four (4) years prior to Equity Retail Brokers selling it.  It is situated directly across the street from a high-volume supermarket and is at a signalized intersection (Route 9 and Tuckahoe Road).  There are two (2) means of ingress/egress and is a great owner/user property.  Excellent demographics:  average population is 75,000 and average income is $73,000.

 

Please feel free to contact Rose at 610-645-7700, Ext. 112 for information on other retail opportunities at the shore points.

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Equity Retail Brokers is a full-service commercial real estate firm that specializes in retail properties located in eastern Pennsylvania, southern New Jersey and Delaware.  Equity Retail Brokers offers leasing, management, and investment sales services to owners of retail properties.  Equity also has a corporate real estate service group that offers tenant representation, consulting and disposition services to retail corporations.  Equity Retail Brokers is an affiliate of the Retail Brokers Network.  The Retail Brokers Network is an affiliation of over 60 real estate offices in North America.  For more information on Equity Retail Brokers, please contact Edward Ginn at 484-417-2201.

Get the 411 on Retail Commercial Real Estate at Booth #411: 2011 ICSC Philadelphia

Visit Equity Retail Brokers and Retail Brokers Network a the 2011 ICSC PA / NJ / DE Idea Exchange at the Pennsylvania Convention Center in Philadelphia on October 12-13, 2011. Learn what our powerful team can do for you!

You Can Take That To The Bank

Brian Wherty of Equity Retail Brokers is pleased to announce that PNC Bank has opened a new branch on a 1± acre pad site at 355 Pottstown Pike in Exton, Chester County, PA.  Brian represented PNC in the lease transaction and Ed Ginn, also of Equity Retail Brokers, represented the Landlord.

“The transaction went smoothly due to a professional owner that was involved with the day-to-day details of the redevelopment of the site,” said Ed Ginn.

With roots in commercial banking that date back to the 1800s, PNC has grown to be one of the leading financial services organizations in the country.  PNC offers a wide range of services for all of their customers, from individuals and small businesses, to corporations and government entities.  No matter how simple or complicated your needs, PNC is sure to have the products, knowledge and resources necessary for financial success.

If you have any sites you wish to submit for PNC Bank, or for information on other retail opportunities, please contact Brian directly at 484-417-2222 or at bwherty@equityretailbrokers.com.

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Equity Retail Brokers is a full-service commercial real estate firm that specializes in retail properties located in eastern Pennsylvania, southern New Jersey and Delaware.  Equity Retail Brokers offers leasing, management, and investment sales services to owners of retail properties.  Equity also has a corporate real estate service group that offers tenant representation, consulting and disposition services to retail corporations.  Equity Retail Brokers is an affiliate of the Retail Brokers Network. The Retail Brokers Network is an affiliation of over 60 real estate offices in North America.  For more information on Equity Retail Brokers, please contact Edward Ginn at 484-417-2201.