EAST WINDSOR, NJ-Advance Realty arranged two retail leases totaling 35,000 square feet at the revitalized Windsor Center here. Bottom Dollar Food Northeast signed for 22,500 square feet lease and Retro Fitness signed for 12,500 square feet.
Bottom Dollar will open in October 2013. The soft-discount grocery store offers an assortment of private and national brand grocery item. Retro Fitness, expected to open in September, will occupy a site previously used as a fitness center, and will update it with its national prototype design. Retro has evolved from a regional Northeast gym into a national fitness system with more than 120 gyms open or in development.
According to Advance Realty Managing Director Brian Banaszynski, both tenants were attracted to Windsor Center's high-visibility site at the corner of Route 130 and Princeton Hightstown Road (County Route 571), which is newly upgraded. Last year, a joint-venture partnership of Advance Realty and Structure Tone Equities acquired the center and began work to reposition it.
The partnership invested in exterior improvements and operations. Also, as part of the repositioning effort, the new ownership changed the property's name from Windsor Heights Shopping Center to Windsor Center.
Banaszynski, Fameco Real Estate's Jay Miller and John Krause to completed the deals for the owners. Hugh Scullin of Katz & Associates represented Retro Fitness, and Fameco's Scott Dennis represented Bottom Dollar.
PNC Bank, Taco Bell, Staples, Benjamin Moore and Payless Shoe Source are current tenants at the center. About 43,000 square feet remains available.
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