Metro Commercial Inks Deal with P.C. Richard & Son
First store in Philadelphia region now open
Mount Laurel, NJ – July 28, 2009 – Metro Commercial Real Estate, the area’s preeminent retail real estate company, has negotiated a lease transaction with P.C. Richard & Son for the electronic retailer’s first store in the Philadelphia area. The 32,900 square foot store is located at the 900,000 square-foot East Gate Square, the region’s largest open-air shopping center, located at Route 38 and Route 73 in both Moorestown and Mount Laurel, NJ.
P.C. Richard & Son, based in Farmingdale, NY, with 57 stores throughout the Northeast, opened the South Jersey store on July 2nd in a former free-standing Circuit City building. East Gate Square, owned by Philadelphia-based BPG Properties, Ltd., is leased by Metro Commercial’s Michael Gorman.
Media Contact:
Metro Commercial Real Estate
Amy Orons
856-222-3015
aorons@metrocommercial.com
Metro Commercial ( www.metrocommercial.com) is one of the largest full-service retail real estate firms in the region with transaction considerations exceeding $1.1 billion. Metro Commercial specializes in retail tenant representation, shopping center leasing, property management, investment property sales and construction services. With 3 offices located in Pennsylvania and New Jersey, Metro Commercial currently represents nearly 50 national retailers and serves as the exclusive leasing agent for more than 200 properties, totaling nearly 20 million square feet. |
