Terms of the lease are undisclosed. Minneapolis-based SuperValu, the giant distributor that supplies Redner's, is acting as guarantor of the lease.

The 177,000-sf strip mall in Phoenixville, PA is owned and managed by Plymouth Meeting, PA-based Kramont Realty Trust. Kramont recently renovated the shopping center, transforming it "from an outdated, enclosed mall into a modern, grocery-anchored, open-air center that is much more appealing to the local residents of this growing community," president and chief executive officer Louis P. Meshon Sr. says in a statement.

The center has 16 stores and is located on 18 acres in Chester County at the intersections of Schuylkill and Hollingsworth Roads. Among the current tenants are a 24,069-sf Staples, PayLess Shoe Source, H&R Block, Hallmark Cards and French Creek Outfitters.