Lanyard and Goldstein Group colleagues Florian Suserman and Curtis Nassau represented owner Rockaway Commons LLC as exclusive brokers for the property. Aldi Supermarkets was represented by Rick Weinberg of the Plymouth Meeting, PA-based Fameco Real Estate.

"Aldi will co-anchor this new shopping center with Walgreens and Commerce Bank, which have already opened for business," says Lanyard, noting that those two tenants operate on pad sites. The strip building that Aldi will anchor is currently under construction, slated for completion this spring. A total of 51,000 sf is currently available for lease.

The Essen, Germany-based Aldi was founded in the 1940s and entered the US market in 1976. The company currently has more than 7,200 locations in 15 countries, including 850 stores in 26 states in the US.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.