PHILADELPHIA, PA—Equus Capital Partners has signed Whole Foods Market to a 41,700 square foot build-to-suit lease at 3737 West Chester Pike on Equus' Ellis Preserve, a 210-acre mixed use community situated at the intersection of Routes 252 and 3 in Newtown Square, PA, 15 minutes west of Philadelphia.
Whole Foods Market will anchor the first phase of the retail portion at Ellis Preserve, which will have direct access from Route 3 and Winding Way and include 65,300 square feet of adjoining retail space as well as a 127 room hotel. Construction will begin in the spring of 2015.
“We are pleased to welcome Whole Foods to Ellis Preserve,” says Stephen M. Spaeder, senior vice president of Equus, who negotiated the lease on behalf of the landlord. “Whole Foods is an ideal first retail tenant for our community, and we look forward to developing a long term relationship with them as they expand their presence in Delaware County.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
