Real Estate

Project Owner: Equus Capital Partners

Exclusive Leasing Agents for Project: Metro Commercial Real Estate (Glenn Marvin and Steve Niggeman)

Metro Commercial HQ: Philadelphia, Plymouth Meeting, Pennsylvania; and Mt. Laurel, New Jersey

Project Location: Newtown Square, Pennsylvania

Project Owner: PREIT

Company HQ: Philadelphia

Project Location: Cherry Hill, New Jersey

Project Size: 1.3 million sq. ft.

Project Status: Open and operating

Company Website: www.preit.com

Project Owner: DLC Management Corp.

Company HQ: Tarrytown, New York

Project Location: Deptford, New Jersey

Project Size: 361,000 sq. ft.

Project Status: Open and operating

Company Website: www.dlcmgmt.com

(Photos courtesy of Toys 'R' Us)

Waikiki, Hawaii -- Taubman announced that International Market Place located on the island of O’ahu in Waikiki, Hawaii, will welcome 10 restaurant concepts including those by world-renowned Chefs Michael Mina and Roy Yamaguchi.

Amid growing sales and surging profits, specialty retailer Cato is finding its expansion efforts being held back by the availability of suitable shopping centers.

Cincinnati – Phillips Edison Grocery Center REIT II announced it has acquired two grocery-anchored shopping centers, expanding the company’s portfolio in Arizona and Florida.

51st and Olive Square is an 88,225-sq.-ft. grocery-anchored shopping center in Glendale, Arizona. The center is anchored by Fry’s Food and Drug grocery store, the number one grocer by market share in the Phoenix area. Additional key national tenants include Leslie’s Poolmart, Papa Murphy’s and the UPS Store.

Hamilton Township, N.J. -- IP Associates announced it has executed an agreement with Regal Entertainment Group to anchor Independence Plaza located in Hamilton, New Jersey. The announcement comes on the heels of an eight month turnaround leasing campaign that has netted in 115,000 sq. ft. of new leases.