622 W. MAIN STREET, NEW HOLLAND, PA
✓ 4 Acre Development – possibility of 3 pad sites.
✓ Join high traffic retailers – PA Wine & Spirits, Dollar General, Pizza Hut, Wendys, McDonalds, Fashion Bug, Sheetz.
✓ Great Drug Store, Restaurant, Bank or other Retail Site.
✓ In the Central Business Area of New Holland, next to the world renowned New Holland Manufacturing Company, maker of New Holland tractors and other farm equipment.
✓ Entrance will align with the New Holland Shopping Center and Grocery Market.
PNC BANK, LACEY TOWNSHIP, NJ
PROBLEM ReaMarq owned 5.5 acres on Lacey Road in Lacey Township NJ. Three acres are zoned residential and 2.5 acres zoned commercial.
SOLUTION RealMarq ...
✓ Perfects subdivision to include seven residential building lots and 2.5 acres of commercial.
✓ Sells residential lots.
✓ Makes determination of highest and best use, i.e., banks, retail stores.
✓ Surveys existing banks in the marketplace and determines PNC Bank is the logical candidate, due to its current functionally obsolescent location.
✓ Marketed property to PNC Bank.
✓ Negotiated ground lease.
✓ Facilitated the approval process.
✓ Delivered full site plan approval to PNC Bank.
✓ Bank opened in July 2008.
RITE AID DRUG STORE, CLAYTON, NJ
CLIENT PROBLEM successful location, under-sized store must be relocated without losing existing customer base.
SOLUTION
RealMarq ...
✓ Finds 2.5 acres of vacant ground within one half mile of existing store.
✓ Purchase price negotiated with seller.
✓ Due diligence package ordered.
✓ Rite Aid lease fully negotiated, subject to turn-key delivery.
✓ Team of architects, engineers and attorneys put together.
✓ Project approved by Planning and Zoning Boards.
✓ General contract negotiated.
✓ Construction start — 1/15/10
✓ Delivery date — 6/30/10