Wilkes-Barre–November 18, 2020– Metro Commercial Real Estate, Inc. (Metro), one of the nation’s leading full-service, independent retail real estate firms, is pleased to announce three lease signings at Commerce Blvd. Commons in Wilkes-Barre, Pennsylvania. This new developed, ground-up site is now fully leased. Commerce Blvd. Commons is located on Mundy Street in the heart of the strong regional retail market in Northeastern PA. This site is directly across the street from Wyoming Valley Mall. Senior Vice President Michael Murray and Vice President Patrick Gallagher represented the landlord TFP Limited III, L.P. in the deals.
“I have been fortunate enough to work with TFP Limited III, L.P. for many years, completing many second-gen leasing projects and this was our first ground-up deal together.,” said Michael Murray, Senior Vice President of Brokerage Services at Metro Commercial. “TFP Limited III, L.P. is one of the most fair and honest landlord companies that I’ve had the pleasure to work with in the market.”
Details on the new lease signings are as follows:
- Dollar Tree will occupy a 12,500-square-foot space and recently opened its doors to the public. This location adds to Dollar Tree’s rapid expansion throughout 2020.
- Blaze Pizza will take a 2,758-square-foot space and open in 2021. Commerce Blvd. Commons is Blaze Pizza’s ninth location in Pennsylvania and first in North East Pennsylvania. Blaze is a fast-casual California-based chain that lets customers build their own pizzas.
- Mission BBQ signed a lease for a 3,500-square-foot restaurant and is currently open to the public. This location marks their 87th restaurant opening, and the first in the Wilkes Barre Market. The casual chain restaurant brings BBQ flair to the shopping center and the greater Wilkes-Barre area and is open for lunch and dinner.
“Metro Commercial is proud to work on the leasing of Commerce Blvd. Commons, and to welcome new retail tenants to the area.,” said Pat Gallagher, Vice President of Brokerage Services at Metro Commercial. “These three diverse tenants expand the center’s offerings and provide customers with both new dining options and a new value retail option.”
Commerce Blvd. Commons is located along the Mundy Street/Highland Boulevard retail corridor of Wilkes-Barre, Pennsylvania which has over 2,000,000 square feet of retail. Commerce Blvd. Commons has across the street access to the Arena Hub Plaza, which is home to national retailers PetSmart, Best Buy, Lowes, Bed Bath & Beyond, Dick’s Sporting Goods, TJ Maxx, Barnes and Noble, along with many others.