News: Retail
Posted: April 25, 2013
Summit Realty Partners leases 2,800 s/f at 240 Loudon Road
Summit Realty Partners completed a lease signing and tenant opening at 240 Loudon Rd. The transaction brings the 18,000 s/f retail strip center to 100% occupancy.
US Cellular has executed a lease for 2,800 s/f and opened its doors for business on March 25 at the retail strip center located next to Shaw's Supermarket and the Steeplegate Mall.
The national cell phone retailer joins the centers existing tenants: Jos. A. Bank, Starbucks, and Sleepy's. Nearby businesses include Sears, J.C. Penny, Bon Ton, Best Buy, Target, Home Depot and many other great businesses in Concord's regional retail corridor.
Chris McMahon of Summit Realty Partners represented the landlord, Centerco Concord, LLC. John Ferris of CBRE/Grossman Retail Advisors represented US Cellular.
Summit Realty Partners is currently involved in a retail project located at 192-196 Loudon Rd. Up to 35,000 s/f of retail space can be built at this high traffic development site which is listed for sale or for lease.
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