News: Shopping Centers

Centro Properties leads 73,000 s/f Martin's project

According to Centro Properties Group, Martin's Food Store recently opened a new 73,000 s/f store on East Main St. Martin's has been a tenant at the shopping center since 1995, starting with a 39,000 s/f store, and then adding an additional 3,000 s/f in 1997. Development of this new Martin's location started in 2007. Centro Properties Group team included: J. Michael Brill & Associates, Inc. of Mechanicsburg, Penn. as the engineering firm; B. R. Kreider & Son, Inc. of Manheim, Pa. as the site development contractor, Axis Construction Management of Conshohocken, Penn. as the general contractor. Centro Properties Group is the third largest owner of community and neighborhood shopping centers in the U.S. Its portfolio of more than 650 properties is strategically located across 41 states and aggregates 106 million s/f of gross leasable area.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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