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Etkin Johnson acquired the 19 properties, which range in size from 26,078 square feet to 293,510 square feet, between 1990 and 1998. The portfolio was 93% leased at the time of the sale.
The lease with Michaels arts and crafts store combines with the arrival of two new dynamic dining offerings, Hash House A Go Go and Joe Italiano's Maplewood and the mall in South Jersey, about 15 miles from Center City Philadelphia.Lease executed with Michaels to complete anchor redevelopment, delivering diverse offerings
“2018 was a year of market evolution,” CBRE's LaRusso said in the retail report. “Rents are broadly down and activity in the market continues, with tenants currently in the dominant negotiating position."