Metro Commercial Arranges 60,000 SF Lease for Mealey’s Furniture

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Mt. Laurel, NJ – October 6, 2011 – (RealEstateRama) — Metro Commercial Real Estate, Inc., the Philadelphia region’s premier full-service retail real estate company, has negotiated a lease for Mealey’s Furniture to occupy 60,000 square feet at Brixmor’s (formerly Centro Properties Group) Valley Fair Shopping Center. The shopping center is located at 260 W. Swedesford Road in Devon, PA. The store held its grand opening on October 1, 2011.

The new Montgomery County location is Mealey’s 6th store in the the tri-state marketplace, with more locations planned for 2012.

Metro Commercial’s Michael Gorman represented Mealey’s Furniture in the transaction.

Mealey’s Furniture, a multi-generational family business, has operated in the Philadelphia region since 1970, and specializes in a wide selection of in-stock affordable furnishings delivered to your home 7 days a week.

“By offering a caring sales environment that offers beautiful furniture at the best prices with their famous same day delivery, Mealey’s Furniture has established itself as one of the leading home furnishings retailers in the region,” said Gorman, “This location will complement their existing stores in Warminster, PA, Oxford Valley, PA, Bensalem, PA and Maple Shade, NJ, and their outlet/distribution center in Morrisville, PA. Metro Commercial is pleased it could deliver a first-class retailer such as Mealey’s Furniture to Valley Fair Shopping Center.”

About Metro Commercial Real Estate
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 3 offices located in Pennsylvania and New Jersey, Metro Commercial currently represents over 50 national retailers and serves as the exclusive leasing agent for more than 200 properties, totaling nearly 20 million square feet.

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Metro Commercial is one of the largest full-service retail real estate firms in the country 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:

Pennsylvania Office
Eight Tower Bridge
161 Washington Street, Ste 375
Conshohocken, PA 19428
Phone: 610-825-5222
Fax: 610-825-5156

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