YOGURTLAND BEGINS STORE ROLL OUT
IN NEW JERSEY

Fameco Represents Yogurtland in First Two Lease Signings

PLYMOUTH MEETING, PA.— Fameco Real Estate, L.P., the region’s foremost full service retail real estate firm is pleased to announce that Yogurtland has signed two leases in New Jersey to kick off its store roll out program.

California-based Yogurtland with 130 locations in the western and Southeast United States is now focusing its efforts on the central and northern New Jersey markets. Fameco’s Tyler Bennett is spearheading the expansion effort on behalf of Yogurtland. A 1,300 square foot lease was signed at The Shoppes at Union Hill in Denville, New Jersey and a 1,200 square foot lease was signed at Hamilton Marketplace in Hamilton, New Jersey. The stores are expected to open in late Spring/early Summer.

Yogurtland’s goal is to provide its customers with an innovative, fun and flavorful all natural frozen yogurt experience. It offers 16 unique flavors and a veritable plethora of topping choices all in a self serve format. Customers are in control selecting their flavors and toppings, but more importantly just how much they want. Price is based on the weight of the frozen treat.  According to Bennett, “this unique concept is taking the market by storm. Plans are to open as many as 10 – 15 stores in New Jersey. Site locations range from urban to suburban and are 1,000 -1,500 square, Yogurtland can work in many different settings including lifestyle centers, power centers, and select downtown markets.”

Fameco specializes in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey, and Delaware and beyond. The firm is the exclusive representative for over 200 shopping centers and retail properties totaling 20 million square feet, manages more than 11 million square feet of retail space and exclusively represents more than 75 retailers expanding in the tri-state area.   Fameco's Investment Sales Team has completed transactions in excess of $1 billion.  Fameco is the ChainLinks member shareholder in the Delaware Valley. ChainLinks is the nation's largest retail-only real estate provider with 62 regional brokerage firms in the U.S., Canada and Europe.

March 21, 2011