Richard L. Soloff of Soloff Realty & Development, Inc. represented Panda Express in facilitating a 2,600-square-foot site in Cherry Hill, NJ. The site, located on a pad site with drive-thru in the Walmart Center at Route 38 and Cuthbert Boulevard, opened in January 2019. The family-owned business has big plans for Southern New Jersey. In addition to the Cherry Hill opening, an 82-seat restaurant is scheduled to open in Vineland in February, and restaurants in Voorhees and Washington Township are targeted for an early 2020 launch. Panda Express looks for strong retail locations that have heavy daytime demographics as well as a regional retail draw. Free standing locations usually range from 1,800 SF to 2,600 SF.

Soloff has represented Panda Express since 2013, when they first entered the Philadelphia market. He facilitated the leases of all nine Panda Express locations currently in the Philly metro area.

Established in 1983, Panda Express has remained privately owned and operated (except for a few select locations). Panda Express has more than doubled in size, opening approximately 150 stores each year.

About Soloft Realty & Development:

Soloft Realty & Development, Inc. (SRF) is a privately held, full service commercial brokerage and real estate development firm specializing in the expansion needs of exclusive retail clients in Eastern Pennsylvania, New Jersey and Delaware. SRD also specializes in the development, leasing and sale of free-standing retail properties and shopping centers throughout the Northeast.