Tuesday, November 22, 2011

Stuart Conston of Equity Retail Brokers Arranges Sale of Two Former Department Store Leases

Stuart Conston of Equity Retail Brokers has arranged the sale of the ground leases of two former anchor department store buildings attached to Montgomery Mall in North Wales and Oxford Valley Mall in Langhorne, PA. Both buildings were previously occupied by Boscov’s.

The ground leases were for the 165,800 SF +/- two level building attached to Oxford Valley Mall and the 167,600 SF +/- three level building attached to Montgomery Mall. Stuart Conston and Rob Samtmann of Equity Retail Brokers represented the seller.

Montgomery Mall, located on SR 309 & US 202 in North Wales, and Oxford Valley Mall, located on US 1 (business) in Langhorne, are both two level, enclosed super-regional malls, each with over 1
million SF of gross leasable area, over 150 specialty shops, a food court, and are both anchored by Macy’s, Sears and J.C. Penny.

For more information on how we can help you fill retail vacancies, please feel free to contact Stuart (484-417-2205, sconston@equityretailbrokers.com) or Rob (484-417-2208, rsamtmann@equityretailbrokers.com) directly.



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.

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