CBRE Group, Inc. (CBRE) has negotiated leases for Dick’s Sporting Goods, Nordstrom Rack,Ulta Cosmetics, Chipotle, Verizon Wireless, Univest Bank, Kay Jewelers and CoreLife Eatery at the new Hamilton Crossings shopping center in Trexlertown, Pennsylvania.
CBRE|FAMECO retail team members Brian Bruzek, Adam Kohler, Rich Schuch, Steve O’Malley, Brandon Famous,Matt Mandel,David Orkin, Marc Mandel, Gary Leone and Colin Behr represented the tenants during the transactions, which totaled approximately 115,000 square-feet of retail space. The 560,000 square-foot shopping center is a joint venture between The Goldenberg Group and TCH Development, LLC.
For a few of the retailers, such as Nordstrom Rack, the new locationwill mark their first presence in the Lehigh Valley. Nordstrom Rack held its grand opening today, Friday, August 26.Dick’s Sporting Goods is currently open for business, and the balance of the shopping center is expected to open between now and October.
According to Brian Bruzek, First Vice President, CBRE, “The project will bring many new- to-market retailers to the Lehigh Valley and provide a first-class shopping experience for years to come.”
The $140 million shopping center, located on Krocks Road between the Route 222 Bypass and Hamilton Boulevard, is benefiting from significant growth in the immediate trade area and a substantial daytime population.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
