News

Tilden Ridge Shopping Center

BY CSA STAFF

A 400,000-sq.-ft., Wal-Mart Supercenter- and Lowe’s-anchored, regional shopping center opened on March 15 in Hamburg, Pa.

Tilden Ridge Shopping Center, owned by West Conshohocken, Pa.-based Ironwood Property Group and leased by Metro Commercial Real Estate, was almost six years in the making, and features a site that shares a traffic signal with a 250,000-sq.-ft. Cabela’s store.

Tilden Ridge Shopping Center is 98% pre-leased and includes, besides Wal-Mart and Lowe’s, the following retailers: AT&T Wireless, Five Guys Burgers & Fries, GNC, GO Wireless (Verizon), LA Nail Spa, Logan’s Roadhouse, Pet Supplies Plus, Philly Soft Pretzel Factory, Schuylkill Valley Sports., Sleepy’s, GameStop, Great Clips, J.A. Buffet and Wawa.

There are limited leasing opportunities remaining, which include restaurant pad sites and a Phase II inline space construction of 12,600 sq. ft.

During one of the worst economic times in recent history, Wal-Mart, Lowes and the other retailers committed to Tilden Ridge as a part of their limited expansion plans. This commitment shows the magnitude of the site and the success anticipated while bringing the total retail GLA in the market to almost 1 million sq. ft. and over 6.5 million visitors to Cabela’s largest retail facility.

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REAL ESTATE

NAI Capital adds big-box specialist to retail executive roster

BY CSA STAFF

Encino, Calif. — NAI Capital announced it has appointed Vicki R. Donkin as senior VP within the firm’s Ontario, Calif., office, effective immediately.

Donkin, who will specialize in investment and land sales/leasing, and marketing and cost benefit analyses for retail and non-retail properties, was previously VP with Present Value Properties of Tustin, Calif., where she marketed tenant and landlord big-box locations.

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REAL ESTATE

Trademark names senior leasing VP

BY CSA STAFF

Fort Worth, Texas — Trademark Property Co. said that Vince O’Toole has joined the company as senior VP leasing, effective March 7.

O’Toole will lead the specialty store leasing efforts for Santa Fe Place mall in Santa Fe, N.M., and serve as the leasing team leader for Watters Creek in Allen, Texas. Additionally, he will work on new business for Trademark.

He joins Trademark from Cousins Properties, Atlanta.

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