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Fameco appointed receiver for three New Jersey properties
Plymouth Meeting, Pa. -- Fameco Management Services said that Columbia Bank in conjunction with the Superior Court of New Jersey has appointed it as Rent Receiver/Property Manager for three properties in Burlington, Edison and Kenvil, N.J.
The properties include a 15,530-sq.-ft. site located in Burlington anchored by Family Dollar, a 30,000-sq.-ft. unanchored center in Edison and a vacant 28,000-sq.-ft. freestanding building in Kenvil.
Fameco Management Services is a division of Fameco Real Estate.
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Family Dollar, nail salon extend leases at Mountainville Shopping Plaza
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.
