Metro Commercial Inks 6,400 SF Advance Auto Parts deal in Allentown, PA
The nation’s leader in the automotive aftermarket joins Union Boulevard Shopping Center
Conshohocken, PA – June 1, 2010 – Metro Commercial announced today that it has brokered a 6,400 square foot lease for Advance Auto Parts in the Union Boulevard Shopping Center in Allentown, PA. Advance Auto Parts, which is a leader in the automotive aftermarket, expects to open in early summer 2010.
Metro Commercial’s Pete Nicholson represented the landlord, 2101 Shopping Center, L.P. in the transaction.
The 30,000 square foot Union Boulevard Shopping Center, located at 2101 Union Boulevard in Allentown, PA, is anchored by a 9,600 SF Dollar General and a 5,500 square foot Blockbuster.
“I am very pleased that Advance Auto Parts, a top-quality national retailer, selected the Allentown market for a new store,” said Nicholson. “Advance Auto will be a welcome addition to the Union Boulevard Shopping Center and should definitely benefit from the area’s excellent demographics.” Advance Auto is actively seeking +/- 6,900 SF free-standing locations throughout Pennsylvania and New Jersey.
Advance Auto Parts was founded in 1929 when the founders of the Pep Boys opened Advance Stores, LLC with two stores in Roanoke and one in Lynchburg, Virginia. In 1932, Arthur Taubman purchased Advance Stores and began his successful drive to build a multi-state chain of auto and home supply stores. Today, they operate more than 3,400 stores in 39 continental states, Puerto Rico and the Virgin Islands and the company employs more than 49,000 employees. The company sells automotive parts, accessories, batteries and maintenance items and gives customers access to thousands of parts that are available on a same-day or overnight basis at “ready-to-go” low prices. The stores’ primary customer is the “Do-it-yourselfer,” but they also serve the professional installer market.
Media Contact:
Metro Commercial Real Estate
Amy Orons
856-222-3015
aorons@metrocommercial.com
Metro Commercial Real Estate, Inc. (www.MetroCommercial.com) is one of the area’s leading brokerage firms focusing on the leasing, sale and expansion of retail properties throughout the region. Founded in 1987, Metro Commercial specializes in retail tenant representation, shopping center leasing, property management and investment property sales. With offices in both Pennsylvania and New Jersey, Metro Commercial currently serves as the exclusive leasing agent for more than 175 retail properties, totaling in excess of 20 million square feet. Metro Commercial has repeatedly been recognized as one of the “Best Places to Work” by the Philadelphia Business Journal, and is committed to client satisfaction and superior customer service.
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