METRO COMMERCIAL ARRANGES 33,000 SF LEASE FOR ASHLEY FURNITURE
National furniture retailer to take former Circuit City site
Plymouth Meeting, (Montgomery County) PA – September 22, 2010 – (RealEstateRama) — Metro Commercial Real Estate, Inc., the Philadelphia region’s premier full-service retail real estate company, has negotiated a lease for the region’s largest home furniture and manufacturing company, Ashley Furniture, to occupy the former 33,000-square foot Circuit City at Lincoln Court located at 102 Alan Wood Road in Plymouth Meeting. The store is scheduled to open in December.
Metro Commercial’s Randy Hope and Joseph Dougherty represented the landlord, Dowel-Conshohocken, LLC, in the transaction. Ashley Furniture was represented by Julius M. Feinblum Real Estate.
“By offering a sales environment that provides lifestyle visuals and design services, Ashley Furniture has established itself as one of the leading home furnishings retailers in the region,” said Hope. “They will join established retailers IKEA, Home Depot and BJ’s at Lincoln Court.”
Since 1945, Ashley Furniture has offered fine home furnishings retailers at the absolute lowest prices.
About Metro Commercial
Metro Commercial (www.metrocommercial.com) is one of the largest full-service retail real estate firms in the region with transaction considerations exceeding $1.1 billion. Metro Commercial specializes in retail tenant representation, shopping center leasing, property management, and investment property sales. With 2 offices located in Pennsylvania and New Jersey, Metro Commercial currently represents nearly 50 national retailers and serves as the exclusive leasing agent for more than 200 properties, totaling nearly 20 million square feet.
Contact:
Amy Orons
Metro Commercial Real Estate, Inc.
856-222-3015 (office)
609-405-3350 (mobile)
