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3596 Concord Pike
Allied Retail Properties (ARP) is a full service property management, development and leasing company located in Wilmington, Delaware. ARP currently owns and manages over six million square feet of commerical retail space. Our current portfolio consists o...
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Christiana Mall area moves into the fast lane - Delaware Business Daily digital business journalDelaware Business Daily digital business journal
"We never really warmed up to new name so we decided to go back to the original," says Jim Oeste, vice president of Allied Retail Properties in north Wilmington.
declined to speculate on any additions to the roster while negotiations are in process.
expects Allied will be making announcements soon.
"Every day, we push these deals a little closer to the finish line," he
Allied, which also owns Concord Mall, ...
Allied, which also owns Concord Mall, Merchants Square and Christiana Town Center, has longtime relationships with major retailers and is leveraging that clout to sign big-name merchants, says Jim Oeste, Allied's vice president of real estate.
The first phase of the center has an expected delivery date of late fall and will include 12 retailers, Oeste
Jim Oeste, vice president of ...
Jim Oeste, vice president of real estate for the mall's management company, Allied Retail Properties, Wilmington, Del., said the store was still open and will remain in business.
A store manager contacted by phone Wednesday said she
wasn't permitted to comment.
"Retailers like to be next to ...
"Retailers like to be next to one another," said Jim Oeste, vice president of retail for the developer, Allied Properties LLC.
is quick to note that Allied has yet to receive commitments from any merchants.
Although no deals have been sealed, he
acknowledged the company is seeking letters of intent from a number of retailers listed on a site plan for the Colonnade
The wish list includes such consumer favorites as Trader Joe's, Chico's, Ulta and the market's first Hobby Lobby.
There are pads for eight restaurants, a Dave & Buster's
and a Cinemark theater.
"It will be heavily landscaped, with fountains, walkways and places to sit," Oeste
"It will feel very upscale, with soft uplighting in the evenings."
Based in North Wilmington, Allied owns and manages more than six million square feet of retail space in regional malls, power centers, and lifestyle centers in Pennsylvania, Maryland and Delaware, including Christiana Town Center
, a big box complex anchored by Boscov's and home to DSW shoes, Staples, BuyBuy Baby
, Old Navy
and Bed Bath & Beyond
These days, a routine day at Allied includes a phone call to DelDOT
for an update on the roadwork only a few hundred yards from the Colonnade site, Oeste
Jim Oeste, vice president of ...
Jim Oeste, vice president of real estate with Allied Properties, which owns the 25-acre property, said the deal calls for a freestanding 35,000-square-foot supermarket on the site of the center's former Strawbridge & Clothier department store.
The building was torn down earlier this year.
and others said new construction at the shopping center, which has been without a major tenant since 1986, could be the anchor needed to revive the entire property.
Today, Merchants Square has just one permanent, long-time tenant, Total Fitness, a gym and health club, Oeste said.