Metro Commercial Negotiates Sale of Village Square Shopping Center
Highly visible 34,606 Berks County community center sold to Cherry Hill buyer
Wyomissing, PA - October 8, 2007 - Metro Commercial Real Estate, Inc., the region’s premier full-service retail real estate company has announced the sale of the Village Square Shopping Center in Wyomissing, Pennsylvania.
Village Square Shopping Center is a 34,606 SF center located at 70-98 Commerce Drive in Spring Township, Wyomissing, Pennsylvania. Currently 100% leased, tenants include Citizens Bank, Nittany Home Mortgage, Vicarys West Clothier, Huntingdon Learning, Spring Township Library, The Goldsmith, Speedy Sign-A-Rama, Cavin’s Café Sunshine Blue Skies, Shape Smart Skin Care, Isaac’s Deli, Karate for Kids, Curves, Belli Maternity, Fitness Mania and Gymboree.
Originally developed in 1997 by seller Peter Carlino Company based in Wyomissing, Pennsylvania, Village Square shopping Center is ideally situated in the heart of the Spring Ridge mixed use development. Offering high traffic counts; the area surrounding Village Square has a population of 71,201 people with an average household income of $65,964.
Metro Commercial’s Kurt Rumley and Paul Rumley exclusively represented the Seller and found the Buyer as well.
Metro Commercial Real Estate specializes in managing, leasing and selling shopping centers throughout Pennsylvania, New Jersey and Delaware.
Media Contact:
Metro Commercial Real Estate
Jamie Joffe
+610 246 2606
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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, investment property sales, construction services and enclosed malls. With three offices throughout Pennsylvania and New Jersey, Metro Commercial currently serves as the exclusive leasing agent for more than 240 retail properties, totaling in excess of 22 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. Metro Commercial is proud to be celebrating their 20-year Anniversary in 2007.
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