Monday, August 29, 2016

Eight Retail Leases Sign At Lehigh Valley Mall

by Steve Lubetkin,
Eight retail leases we signed at the new Hamilton Crossings shopping center on Krocks Road between the Route 222 Bypass and Hamilton Boulevard in Trexlertown, PA, southwest of Allentown.

Totaled deals signed were approximately 115,000 square-feet of retail space.  The 560,000 square-foot shopping center is a joint venture between The Goldenberg Group and TCH Development.

The new retailers leasing space are Dick’s Sporting Goods, Nordstrom Rack, Ulta Cosmetics, Chipotle, Verizon Wireless, Univest Bank, Kay Jewelers and Core Life Eatery.

For a few of the retailers, such as Nordstrom Rack, the new location will mark their first presence in the Lehigh Valley. Nordstrom Rack held its grand opening last week. Dick’s Sporting Goods is currently open for business, and the balance of the shopping center is expected to open between now and October.

“The project will bring many new-to-market retailers to the Lehigh Valley and provide a first-class shopping experience for years to come."

The $140-million shopping center is benefiting from significant growth in the immediate trade area and a substantial daytime population.

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