FAMECO REAL ESTATE NAMED LEASING AGENT FOR NEW SHOPPING CENTER IN GIBBSBORO, N.J.

     CONSHOHOCKEN, PA.--Fameco Real Estate has been named the exclusive leasing agent for Silver Lake Shoppes, a new neighborhood shopping center on Haddonfield-Berlin Road in Gibbsboro, N.J., it was announced by the retail real estate firm based in Conshohocken, Pa.

     Fameco's Jon Kushner and George Wisnoski are brokers for the 5,400 s.f. center, recently constructed and now ready for occupancy.

     "A Dunkin Donuts is already on a pad in the center, which is ideal for service and convenience type tenants, such as dry cleaners and restaurants interested in operating in the center of Gibbsboro," Wisnoski said. He noted that the median household income is $95,000 in a one mile radius of the Camden County community, whose traffic is estimated to be 20,000 cars a day. Among the facilities across the street from the new center are the Chop House Restaurant and Paint Works Corporate Center. Centennial Mill, a new residential community of 401 homes designed for active adults 55 or older in nearby Voorhees, N.J., will also have a positive impact on retail sales in the area.

     Fameco Real Estate specializes in tenant representation, owner representation, investment sales and property management in Pennsylvania, New Jersey and Delaware. The firm, which also has offices in Princeton, N.J., and Allentown, Pa., is the exclusive representative for 64 shopping centers and retail properties totaling 12 million square feet in the tri-state area, manages more than 4 million square feet of retail space and exclusively represents more than 45 retailers expanding in the Delaware Valley. Fameco's Investment Sales Team has sold shopping centers worth more than $750 million.

     Fameco is the ChainLinks member shareholder in the Delaware Valley. The nation's largest retail-only real estate provider, ChainLinks encompasses 60 regional brokerage firms in the U.S. and Canada.

Nov 15, 2005