Metro Commercial Signs Ulta To New Quakertown, PA Center
Quakertown, PA – June 30, 2010 –Metro Commercial Real Estate, Inc., the region’s premier full-service retail real estate company, has announced that it has negotiated a new 10,100 square foot lease with Ulta, the nation’s leading beauty retailer, at Richland Marketplace in Quakertown, PA.
Richland Marketplace, a 415,000 SF power center located at the intersection of Route 309 and W. Pumping Station Road in Quakertown, is owned by RB Quakertown, LP. Ulta has just opened its store here at the end of June. Additional tenants include Target, BJ’s Wholesale Club, Best Buy, PetSmart, Aldi, and Five Below.
In addition, Staples is currently under construction and is scheduled to open in late 2010/early 2011.
Joseph Dougherty and Steve Niggeman of Metro Commercial Real Estate represented the Landlord in the transaction, and Ulta was represented by Fameco’s Steve O’Malley.
"We're excited about assisting the Landlord in the Ulta transaction,” said Dougherty. Ulta is a strong national retailer that adds to the line-up of existing soft goods retailers in the center.”
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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