Content about Geography of Pennsylvania

March 22, 2013

Philadelphia-based Pennsylvania Real Estate Investment Trust announced that DSW has opened a 17,500-sq.-ft. store at PREIT’s Capital City Mall property, located in Camp Hill, Pa.

Camp Hill, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that DSW has opened a 17,500-sq.-ft. store at PREIT’s Capital City Mall property, located in Camp Hill, Pa.

The mall completed the space for DSW — the retailer’s first in the area — by building on an additional 5,000 sq. ft.

October 10, 2012

Fashion retailer Intermix has opened its 30th store at 1718 Walnut Street in Center City, Philadelphia, according to Metro Commercial, which negotiated the 3,386-sq.-ft. lease.

Philadelphia -- Fashion retailer Intermix has opened its 30th store at 1718 Walnut Street in Center City, Philadelphia, according to Metro Commercial, which negotiated the 3,386-sq.-ft. lease.

The retailer will occupy space on the ground floor of the Rittenhouse Claridge, a landmark building owned by Kaiserman Co. Metro Commercial searched for the ideal location for Intermix for over two years.

 

September 19, 2012

Garrison Investment Group said that Charming Charlie, Berkshire Shoe & Boot, and Menchey Music have opened or will open soon at The Shoppes at Wyomissing, located in Reading, Pa.

Reading, Pa. -- Garrison Investment Group said that Charming Charlie, Berkshire Shoe & Boot, and Menchey Music have opened or will open soon at The Shoppes at Wyomissing, located in Reading, Pa.

The three new tenants total nearly 11,400 sq. ft. in the 103,108-sq.-ft. open-air lifestyle center, which is owned by the Garrison and managed by Levin Management.

May 31, 2012

Dick’s Sporting Goods said Thursday that it will debut a specialty running store, True Runner, with the first location opening in the retailer’s home city of Pittsburgh.

Pittsburgh -- Dick’s Sporting Goods said Thursday that it will debut a specialty running store, True Runner, with the first location opening in the retailer’s home city of Pittsburgh.

The high-service concept will cater to running enthusiasts with footwear, apparel and accessories, and is slated to open in summer 2012.

April 3, 2012

Youngstown, Ohio-based Cafaro Co. said that Ross Dress for Less will open a store at the Millcreek Mall Complex near Erie, Pa.

Erie, Pa. -- Youngstown, Ohio-based Cafaro Co. said that Ross Dress for Less will open a store at the Millcreek Mall Complex near Erie, Pa.

The new store will open in the Millcreek Pavilion section of the complex this fall. It will occupy more than 25,000 sq. ft. next to Old Navy.

Millcreek Mall Complex, located in Millcreek Township, comprises more than two million sq. ft. of shopping, lodging, dining and entertainment.
 

March 22, 2012

When North Plainfield, N.J.-based Levin Management took over as leasing and managing agent for Fairlane Village Mall – located in Pottsville, Pa. – in 2006, the impending economic downturn, a likely 80,000-sq.-ft. vacancy and growing industry consensus that the days of the small-market malls were numbered created a perfect storm of challenges.

Six years later, the 405,000-sq.-ft. property serves as a repositioning benchmark. Its success story is underscored by the March 2012 opening of Kohl’s and the impending arrival of Michaels later this year.

February 17, 2012

Peeps & Co. has opened its third store, in The Shoppes at Sands, next to the Sands Casino Resort Bethlehem, Bethlehem, Pa.

Bethlehem, Pa. -- Peeps & Co. has opened its third store, in The Shoppes at Sands, next to the Sands Casino Resort Bethlehem, Bethlehem, Pa. The store offers an energy-filled environment immersing visitors in sight, sound and taste.

Peeps is the retail arm of candy-maker Just Born, whose brands include Peeps and Mike and Ike.

February 16, 2012

North Plainfield, N.J.-based Levin Management Corp. announced that Michaels Stores has leased 22,000 sq. ft. at Fairlane Village Mall in Pottsville, Pa.

Pottsville, Pa. -- North Plainfield, N.J.-based Levin Management Corp. announced that Michaels Stores has leased 22,000 sq. ft. at Fairlane Village Mall in Pottsville, Pa.

Levin is the leasing and management agent for the property, which is owned by Ashok Mehra. Michaels’ commitment comes on the heels of a lease by Kohl’s Department Stores, reflecting momentum for the 405,000-sq.-ft. property.

Kohl’s will be opening its new 57,860-sq.-ft. store in early March.

January 12, 2012

Fameco Real Estate announced that its property management division, Fameco Management Services, has been awarded the property management assignment for Stanbery Development’s Pennsylvania and New Jersey retail portfolio.

Plymouth Meeting, Pa. -- Fameco Real Estate announced that its property management division, Fameco Management Services, has been awarded the property management assignment for Stanbery Development’s Pennsylvania and New Jersey retail portfolio. This assignment includes four specialty centers totaling 430,000 sq. ft.

January 10, 2012

Jones Lang LaSalle said it has been selected by Boscov’s as the leasing agent for two retail centers in Pennsylvania – Lebanon Valley Mall (Lebanon) and The Mall Steamtown (Scranton).

Atlanta -- Jones Lang LaSalle said Tuesday it has been selected by Boscov’s as the leasing agent for two retail centers in Pennsylvania – Lebanon Valley Mall (Lebanon) and The Mall Steamtown (Scranton).

Lebanon Valley Mall is a 402,400-sq.-ft. regional shopping center anchored by Boscov’s, Hobby Lobby and The Great Escape Theatres. The Mall at Steamtown is a 563,800-sq.-ft. mall anchored by Boscov’s, Boscov’s Furniture Outlet, and Bon Ton.

November 21, 2011

American Eagle Outfitters will pay a signing bonus of $3.3 million along with a base salary of $1 million to its new incoming CEO Robert L. Hanson, the Pittsburgh Business Times reported.

New York City -- American Eagle Outfitters will pay a signing bonus of $3.3 million along with a base salary of $1 million to its new incoming CEO Robert L. Hanson, the Pittsburgh Business Times reported.

Hanson takes over for the chain’s longtime chief executive James V. O’Donnell, who is set to retire Jan. 28.

November 17, 2011

CenterMark Development said it has signed a lease with Deal$, a division of Dollar Tree, to occupy an 11,000‐sq.-ft., former Easttown Eagle Market building in the Glenville neighborhood of Cleveland.

Cleveland -- CenterMark Development said it has signed a lease with Deal$, a division of Dollar Tree, to occupy an 11,000‐sq.-ft., former Easttown Eagle Market building in the Glenville neighborhood of Cleveland.

CenterMark purchased the long‐vacant building in October and said it expects to complete the rehabilitation by the spring of 2012. A grand opening is expected during the second quarter following interior improvements by Deal$.
 

October 5, 2011

Saks Fifth Avenue will close its store in downtown Pittsburgh in 2012, the Pittsburgh Tribune-Review reported.

New York City -- Saks Fifth Avenue will close its store in downtown Pittsburgh in 2012, the Pittsburgh Tribune-Review reported. The news follows negotiations between the retailer, the store’s landlord and city officials over funding for renovations to the building.

September 21, 2011

Macy's is reducing the size of its store in downtown Pittsburgh from nine floors of retail space to six (plus a mezzanine).

New York City -- Macy's is reducing the size of its store in downtown Pittsburgh from nine floors of retail space to six (plus a mezzanine).

The company has been moving some departments to lower floors since early this year. The store will remain open during the renovations.

"The store is being reconfigured for better flow among departments, making shopping easier and more convenient," the company said in a statement.

September 6, 2011

Conshohocken, Pa.-based Metro Commercial announced Tuesday that it has brokered a 52,450-sq.-ft. lease for Hobby Lobby Stores at Kohl’s Plaza in Dickson City (Lackawanna County), Pa., about eight miles northeast of Scranton.

Dickson City, Pa. -- Conshohocken, Pa.-based Metro Commercial announced Tuesday that it has brokered a 52,450-sq.-ft. lease for Hobby Lobby Stores at Kohl’s Plaza in Dickson City (Lackawanna County), Pa., about eight miles northeast of Scranton.

Construction on the space is currently underway and the new location is expected to open in February 2012.

The new location is Hobby Lobby’s fifth in Pennsylvania.
 

August 17, 2011

Youngstown, Ohio-based Cafaro Co. said that Jos. A. Bank Clothiers and Fox Head will be opening at the company’s Millcreek Mall, near Erie, Pa., in early November.

Erie, Pa. -- Youngstown, Ohio-based Cafaro Co. said that Jos. A. Bank Clothiers and Fox Head will be opening at the company’s Millcreek Mall, near Erie, Pa., in early November.

Jos. A. Bank will be located in the Promenade section of the mall. Motocross apparel retailer Fox Head will set up shop on the Macy’s Court.

Millcreek Mall Complex, in Millcreek Township, Pa., comprises more than 2 million sq. ft. of shopping, lodging, dining and entertainment. 
 

June 10, 2011

Bryn Mawr, Pa.-based WP Realty announced Thursday that it has acquired Chesterfield Marketplace located in Midlothian, Va.

Midlothian, Va. -- Bryn Mawr, Pa.-based WP Realty announced Thursday that it has acquired Chesterfield Marketplace located in Midlothian, Va.

This transaction marks WP Realty’s 10th acquisition of the year.

Chesterfield Marketplace is a one-story, 428,576-sq.-ft. community shopping center anchored by PetSmart, Staples and TJ Maxx, and shadow anchored by Home Depot and Toys “R” Us.

The portion of the center acquired, 197,942 sq. ft., is currently 54% occupied with 91,232 sq. ft. of available space.

May 6, 2011

Metro Commercial announced that it has inked a new lease for Banana Republic Outlet at Arena Hub Plaza, located in Wilkes-Barre, Pa.

Wilkes-Barre, Pa. -- Metro Commercial announced that it has inked a new lease for Banana Republic Outlet at Arena Hub Plaza, located in Wilkes-Barre, Pa.

The new, 7,380-sq.-ft. store is slated to open in fall 2011. Other tenants in the 524,000-sq.-ft. power center include Lowe’s, Best Buy and PetSmart.

April 11, 2011

O'Connor/Real Vest Retail Holding Co., LLC, a partnership formed by O'Connor Capital Partners and Wafra Investment Advisory Group, have teamed with The Wilder Cos. to complete transactions that include the purchase of Milford Marketplace in Milford, Conn., and the acquisition of the ownership interest in Phase I of Settlers Ridge in Pittsburgh.

Boston -- O'Connor/Real Vest Retail Holding Co., LLC, a partnership formed by O'Connor Capital Partners and Wafra Investment Advisory Group, have teamed with The Wilder Cos. to complete transactions that include the purchase of Milford Marketplace in Milford, Conn., and the acquisition of the ownership interest in Phase I of Settlers Ridge in Pittsburgh.

The centers were developed and managed by Chattanooga, Tenn.-based CBL Properties.
 

February 3, 2011

Weis Markets reported Thursday that net income for fiscal 2010 increased 8.7% to $68.3 million, compared with $62.8 million in the prior year.

Sunbury, Pa. -- Weis Markets reported Thursday that net income for fiscal 2010 increased 8.7% to $68.3 million, compared with $62.8 million in the prior year.

Sales for the year increased 4.1% to $2.6 billion. Same-store sales edged up 1.0%.

Weis Markets currently operates 164 stores in its home state of Pennsylvania and in Maryland, New York, New Jersey and West Virginia.

December 10, 2010

Atlanta-based Jones Lang LaSalle said it has added local playhouse theatre company Broadway Classics Productions to Harrisburg Mall.

Atlanta -- Atlanta-based Jones Lang LaSalle said it has added local playhouse theatre company Broadway Classics Productions to Harrisburg Mall.

Located in a former anchor store situated off of Center Court, Broadway Classics Productions opened on Nov. 19.

The theater expects 200 to 300 people per show, with three to four shows per week.

December 10, 2010

Michael Salove Co., an X Team partner based in Center City Philadelphia, announced that it has completed two lease transactions in the Greater Philadelphia market with Qdoba Mexican Grill.

Philadelphia -- Michael Salove Co., an X Team partner based in Center City Philadelphia, announced that it has completed two lease transactions in the Greater Philadelphia market with Qdoba Mexican Grill.

Qdoba will open a 2,600-sq.-ft. unit in Providence Town Center in Collegeville, Pa. and will open a 2,300-sq.-ft. unit in Wynnewood Square in Wynnewood, Pa.

November 17, 2010

New York City-based The Lightstone Group announced two long-term lease extensions at Mountainville Shopping Plaza, its 118,000-sq.-ft. shopping center in Allentown, Pa.

Allentown, Pa. -- New York City-based The Lightstone Group  announced two long-term lease extensions at Mountainville Shopping Plaza, its 118,000-sq.-ft. shopping center in Allentown, Pa.

Family Dollar has signed a 10-year lease extension for 9,135 sq. ft. of retail space at the shopping center. Studio II Nails has signed a four-year lease extension for 1,500 sq. ft.

Mountainville Shopping Plaza is anchored by a 33,000-sq.-ft. PriceRite Supermarket, an 11,500-sq.-ft. Retro Fitness gym and a 15,000-sq.-ft. Eckerd Pharmacy.

October 14, 2010

Jacksonville, Fla.-based Regency Centers said it has leased retail space to Metro PCS at Stefko...

October 13, 2010

Weis Markets reported Thursday that third quarter net income increased 4.9% to $16.3 million....