Metro Commercial Lands hhgregg for Berwyn, PA
Berwyn, PA – June 10, 2010 – Metro Commercial, the region’s largest full-service retail real estate firm, announced today that it has completed a 40,135-square foot lease on behalf of ownership for hhgregg Appliances & Electronics store in Berwyn, PA.
This store will serve the super-regional greater King of Prussia trade area and near-western suburbs of Philadelphia, as hhgregg enters the region. This location will open this summer in Swedesford Plaza, a 152,000 SF neighborhood center located at 428 N. Swedesford Road in Berwyn, PA. hhgregg will occupy the space vacated by Circuit City, and additional tenants of the center include Pathmark and Golf Galaxy. Metro Commercial’s Joe Dougherty represented the Landlord in the transaction. Jeff McElhinny of Atlantic Retail Properties represented hhgregg.
hhgregg is a leading specialty retailer of premium video products, brand name appliances, audio products and accessories and currently operates 157 stores throughout the U.S. The retailer is just entering the Philadelphia and Greater Delaware Valley area marketplace.
“The former Circuit City space in Swedesford Plaza will give hhgregg tremendous visibility from heavily travelled Route 202. hhgregg is a welcomed addition to the retail corridor along Swedesford Road and should help fill the remaining vacancies in the market,” says Dougherty.
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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