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Lease Signings
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Lease SigningsNeal Realty & Investments, Inc. (954-568-0530) leased 2,000 sq.ft. to Photomasters at PMP Plaza located on West Commercial Boulevard in Tamarac, FL. The five-year lease was valued at $106,000; 4,092 sq.ft. to Mega-Dollar at Maplewood Plaza located on University Drive in Coral Springs, FL. The five-year lease was valued at $271,500; and 1,100 sq.ft. to Party Makers at Village Shoppes at Lighthouse Point located on the northwest corner of Federal Highway and 39th Street in Lighthouse Point, FL.
Zell Commercial Real Estate (602-248-0600) leased 4,027 sq.ft. to Blockbuster at ABCO Desert Foothills Shopping Center located at the northeast corner of Chandler Boulevard and Desert Foothills in Phoenix, AZ. The company also leased 2,400 sq.ft. to Walt’s Jewelers at Chandler Marketplace located at the northwest corner of Alma School and Ray Roads in Chandler, AZ. The location will replace the company’s existing store in the area.
Ripco Real Estate (516-933-8880) brokered three leases on behalf of Coffee Beanery at the following locations: Barn Plaza, a 210,000 sq.ft. shopping center located at the intersection of Route 611 and Almshouse Road in Doylestown, PA. The center is anchored by Acme, Regal Cinema, Marshalls and Family Toy; Warrington Crossing, a 110,000 sq.ft. shopping center located at the intersection of Route 611 and County Line Road in Warrington, PA. The center is anchored by Regal Cinemas and Ruby Tuesday; and Newtown Shopping Center, a 220,000 sq.ft. shopping center located at the intersection of Route 413 and the Route 332 bypass in Newtown, PA. The center is anchored by Acme, Staples and Bed, Bath & Beyond. The company also leased 12,000 sq.ft. to Petco at Hanover Commons, a 225,000 sq.ft. shopping center located on Eisenhower Drive in Hanover, PA. Anchors include SuperKmart, Pier One and Staples.
Capital Realty Advisors, Inc. (561-624-5888) brokered the leasing of 2,250 sq.ft. to Port City Cleaners at Magnolia Place Shopping Center located on Highway 98 in Daphne, AL. The lease term runs five years; 2,176 sq.ft. to Creative Cuts at Plaza 50 located on Highway 50 East in Carson City, NV. The lease term runs one year; 7,800 sq.ft. to Flores Mexican Restaurant located at Village Shopping Center on West Anderson Lane in Austin, TX. The lease term runs five years.
Charter Realty (203-629-3939) brokered the leasing of 91,500 sq.ft. to four tenants at Danvers Crossing located in Danvers, MA. The new tenants include Big Lots Furniture (32,000 sq.ft.), Bed, Bath & Beyond, Totally Kids & CFO [three divisions of Anne & Hope](32,000 sq.ft.), Golfer’s Warehouse (20,000 sq.ft.) and BB Kids (7,500 sq.ft.) in the space formerly occupied by David’s Bridal.
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