Charter Realty & Development secures 11,879 s/f

Charter Realty & Development (www.chartweb.com) has arranged a 10,890 s/f lease for Deal$ and a 989 s/f lease for Subway at the Pitkin Theatre Center, 1501 Pitkin Ave. Peter Levine of Charter Realty co-broked with Esther Bukai of Ripco Real Estate on the Deal$ lease. The site was redeveloped by POKO. Deal$ is a growing company with over 180 stores located in shopping centers and malls throughout the U.S. Deal$ offers national and private-label brands among departments such as: health and beauty, food and snacks, party, toys, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, and books. Subway is one of the fastest growing franchises in the world with 37,000 restaurants in 100 countries and territories. Subway has become the leading choice for people seeking quick, nutritious meals by serving fresh, delicious, made-to-order sandwiches and salads. Formerly the Lowe's Pitkin Theatre, the center underwent a $43 million re-development and its upper floors will be occupied by Ascend Charter School. Charter Realty & Development Corp. currently owns or leases over 14 million s/f of shopping centers throughout the Northeast.