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QUAKERTOWN, PA-Giant discount retail fashion chain Kohl’s inks a long-term lease for 88,900 sf at Trainers Crossing Shopping Center here. Terms of the lease are undisclosed, but an area retail broker tells GlobeSt.com, on condition of anonymity, that the rental rate is “probably a little under $10 per sf.”

The store is scheduled to open next month. It will occupy an assemblage of previously vacant units, including the former Frank’s Nursery space. With Kohl’s opening, occupancy at the 220,000-sf center will exceed 85%.

Other Trainers Crossing tenants include Kmart, Staples and Sears Hardware. The center was built in the 1970s, and the owner is a partnership between Elkins Park, PA-based Highland Development and Valley Forge, PA-based Pineville Properties.

Jon Kushner and Trupert Ortlieb, senior partners of Conshohocken, PA-based Fameco Real Estate, represented Kohl’s in this lease negotiation. Fameco is the exclusive broker for 64 shopping centers and retail properties in the tri-state area and manages more than two million sf of retail space in the Delaware Valley. Kohl’s operates approximately 460 stores in 33 states.

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