ANNA'S LINENS OPENS SECOND STORE IN PHILA.

         PHILADELPHIA, PA.--Fameco Real Estate has negotiated a 9,543 s.f. lease for Anna's Linens at the South Philadelphia Shopping Center, it was announced by Brandon Famous, founder and CEO of the retail real estate firm based in Plymouth Meeting, Pa.

        According to Fameco partner Trupert Ortlieb and Gary Leone, who represented Anna's Linens in the transaction, the Costa Mesa, Ca.-based discount linens retailer is making a major push into the East Coast market with plans for six to nine stores in Philadelphia County.  Anna's Linens opened its first store in Philadelphia at the One & Olney Shopping Center, Front Street and Olney Avenue, in September.

        In this latest transaction, Anna’s Linens joins anchors Bally Total Fitness, Shop Rite, Ross Dress for Less and Modell’s Sporting Goods at the 283,300 s.f. South Philadelphia Shopping Center. The center, owned by Cedar Shopping Centers, Inc., is located at 24th Street and Oregon Avenue.        

    Fameco Real Estate is the Delaware Valley's foremost real estate firm in the retail sector. Fameco specializes in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey, Delaware and beyond.

    The firm is the exclusive representative for 80 shopping centers and retail properties totaling 13 million square feet in the tri-state area, manages 7,2 million s.f. of retail space nationwide, and exclusively represents more than 75 retailers expanding in the Delaware Valley.  Fameco's Investment Sales Team has completed transactions in excess of $1 billion.

    Fameco is the ChainLinks member shareholder in the Delaware Valley. The nation's largest retail-only real estate provider, ChainLinks encompasses 62 regional brokerage firms in the U.S. and Canada.     

Dec 1, 2006