Viva Las Vegas!

The agents of Equity Retail Brokers came out to Las Vegas in full force to attend RECon at this year’s International Council of Shopping Centers Las Vegas Convention, held May 22-25, 2011. Equity attended as a Northeast Affiliate of the Retail Brokers Network (RBN). The RBN was a proud sponsor of the RECon website and a Block Party event, along with Walmart Realty, Hutensky Capital Partners, The Inland Real Estate Group

of Companies, Inc., Spirit, Alcoa and Bohler Engineering.

The RBN kicked off RECon with a General Membership Meeting held on Sunday, May 22nd. Walmart Real Estate representatives Rick Kinnard, Vice President, Realty Dispositions and Acquisitions, and Carole Baker, Senior Director, Realty Sales and Leasing, were guest speakers at the event.

The RBN booth was extremely busy for the entire show. Equity agents, along with the other RBN member companies, held many meetings with their landlord and tenant clients there. There were also several Speaker Series open meetings held at the booth, which included representatives from the following: Kohl’s, RubyTuesday’s, Chipotle, Ace Hardware, Phillips Edison, REI, Petco, Outback Steakhouse, Party City, McDonald’s,

and Bed Bath & Beyond.

All in all, it was an extremely successful show for our ICSC constituents, the agents of Equity Retail Brokers and our Retail Brokers Network affiliates. Equity Retail Brokers and the Retail Brokers Network look forward to building upon its platform and relationships to service our future and existing clients.

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.

FEATURED PROPERTIES. “Super” Subleases

Just listed by David Goodman of Equity Retail Brokers, Inc. are two (2) former Genuardi’s supermarkets available for sublease.  Equity is pleased to represent the Landlord, Safeway, in these transactions.

·         East Windsor Village, 70 Princeton Hightstown Road, East Windsor, NJ – 52,869 SF, available immediately

·         Echelon Village Plaza, 1120 White Horse Road, Voorhees, NJ – 48,776 SF, available immediately

“David is our resident grocery guru,” comments Ken McEvoy, Principal of Equity Retail Brokers.  “He puts much effort and energy into researching grocery-anchored shopping centers and carefully follows the trends within the grocery industry.  He has even created an extremely informative blog, Running With Equity Retail, to share/discuss grocery news and issues.  We are very confident in his ability to find the perfect use for these locations.”

For more information on these properties or on other grocery-related opportunities, please contact David at 610-645-7700, Ext. 119 or via e-mail at dgoodman@equityretailbrokers.com.

Subscribe to “Running WithEquity Retail”

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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.              

Hoagie Heaven

Greg Jones of Equity Retail Brokers was pleased to represent Primo Hoagies in signing a ten (10) year lease at Hillcrest Plaza, located on 106 BW Germantown Pike in East Norriton, Montgomery County, PA. The new 1,600 SF store opened in mid-April, 2011. “This assignment was very gratifying for me”, commented Greg Jones. “Primo Hoagies are known to have some of the best hoagies in Philly, and landlords are very eager to welcome them to their centers.”

When Primo Hoagies opened their original location at 1528 Ritner Street in South Philadelphia, their objective was to establish a family-operated corner deli that made a good hoagie. The rapid growth that ensued of this mom-and-pop deli exceeded their most optimistic expectations. The success of Primo is attributed to an excellent, long-tenured staff that regularly serves up a combination of quality, consistency, and originality. Their large and diverse menu features dozens of specialty hoagies, most of which are their very own original creations. Primo Hoagies are always made fresh to order, using only the finest Thumanns gourmet quality meats and cheeses. The popularity and excellence of Primo Hoagies has been affirmed by numerous recognitions, which include the Channel 10 News Big Spoon Award, Philadelphia Magazine’s Best of Philly Award, multiple South Philly Review Reader’s Choice Awards, and multiple Courier Post Readers Choice Best of South Jersey.

Please feel free to contact Greg at 484-417-2224 or gjones@equityretailbrokers.com for information on other retail opportunities.

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

Join Equity Retail Brokers & RBN at Las Vegas ICSC. Proud Sponsors of the ICSC RECON Block Party!

Learn what our POWERFUL team can do for you!

Visit us at Booth:
C111 Union Street
On 11th Ave between Union & South Streets
Central Hall
Las Vegas Convention Center

Our 60 independent brokerage offices in North America representing
landlords & retailers would like to meet you - Join us at the ICSC Block Party Event!
 
When:    4:30 pm - 6:00 pm, Monday May 23rd
 
Where:   In front of our booth at C111 Union Street in the Central Hall
 
Two (2) Drink Tickets are provided with your ICSC badge registration; apps in booth.

See you there!

New Addition on “The Golden Mile”.

Greg Jones and Rob Samtmann of Equity Retail Brokers were pleased to represent the Landlord in leasing approximately 24,000 SF at the former Klaussner Home Furnishings location at 134 Baltimore Pike in Springfield, Delaware County, PA.  The site was leased by American Furniture Design (represented by Legend Properties), who currently operates four (4) retail stores in Pennsylvania and Southern New Jersey.

“This was a very unique leasing project”, commented Greg Jones.  “We were marketing this property to a very specific user that saw value in the improvements that were in place from the former tenant.”  President of Equity Ed Ginn said, “I was very proud of our leasing team.  From the beginning of the leasing project to the lease’s signing, the team kept pushing, looking for the perfect use.  The demand on Baltimore Pike is still high, as other national retailers expressed interest in the property and opening new stores in Springfield.”  The new store is currently under construction and should open this summer.

Please feel free to contact Greg (484-417-2224, gjones@equityretailbrokers.com) or Rob (484-417-2208, rsamtmann@equityretailbrokers.com) for information on other retail opportunities.

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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.                                             

National Hamburger Haven Comes To Willow Grove

Rob Samtmann and Ken McEvoy of Equity Retail Brokers were pleased to represent the Landlord, Charles Gallub of Develcom, in leasing approximately 1.5 acres of freestanding space at Route 611 and Mill Road in Willow Grove, Montgomery County, PA.   The property was leased by a franchisee of Sonic Drive-In and the restaurant is now open and operating.  The deal was co-brokered by Jim Kahn of Kahn and Co.

For more information on how we can help you fill retail vacancies, please feel free to contact either Rob (484-417-2208, rsamtmann@equityretailbrokers.com) or Ken (484-417-2226, kmcevoy@equityretailbrokers.com) directly.

Alliance Bank Relies on Equity Retail Brokers for Disposition Assignment.

Ed Ginn of Equity Retail Brokers recently represented Alliance Bank in the sale of an office/retail property at 3605 Edgmont Avenue in Brookhaven, Delaware County, PA. The property is comprised of two separate buildings totaling approximately 8,856 SF. The site is approximately 1.03 acres and has frontage on Edgmont Avenue of approximately 115’. Equity represented the Seller, Alliance Bank, and worked directly with Kathy Lynch, Senior Vice President, on the day-to-day details of completing the deal. Ronald A. Casey of Capital Commercial Real Estate Group represented the buyer in the transaction. The buyer is an end-user that intends to occupy a portion of the property and lease out the remaining space. The deal closed on April 11, 2011.

Alliance Bank is a community based financial institution in its 73rd year of continuous operation serving the Philadelphia Metropolitan area through nine (9) full service offices. The bank is headquartered at 541 Lawrence Road in Broomall, PA and regularly receives top ratings for financial strength. Branch offices are located in Upper Darby, Secane, Newtown Square, Lansdowne, Havertown, Springfield, Concordville and Paoli. The bank participates in various loan programs and seeks opportunities to invest in the people, organizations and small businesses in the communities they serve.