FAMECO AWARDED LEASING ASSIGNMENT FOR

RYDERS CROSSING

 Woodbridge, NJ  — Fameco Real Estate, L.P., the region’s foremost full service retail real estate firm, is pleased to announce that it has been appointed the exclusive leasing agent for Ryders Crossing.

Ryders Crossing is a 388,000 sf power center anchored by Target, Home Depot and Acme located in the Borough of Milltown, Middlesex County, NJ. The center is serviced by three signalized entrances along Ryders Lane and Milltown Road. With visibility from the NJ Turnpike Ryders Crossing is also home to Staples, Petco, Applebee’s, GNC and GameStop to name a few. More than 85,000 people live within a three (3) mile radius of the center boasting a median household income in excess of $80,000. Currently a 12,500 square foot end cap is available which could be divided or possibly expanded to 18,125 square feet.

Since Fameco opened its Woodbridge office less than 2 years ago it has emerged as the dominant player in the market. To date it boasts a leasing portfolio in excess of 3 million square feet including some of the most high profile shopping centers in the region. On the retailer side, it has amassed an impressive tenant roster including the likes of Walmart, Darden Restaurants, Staples and Chipotle, to name a few.

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 over 200 shopping centers and retail properties totaling 17 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.

May 7, 2010