SOLD: KW Commercial Leases 5,725 SF to Plato’s Closet at Valley Plaza in Allentown, PA
Lehigh Valley, PA (2/2013) – KW Commercial-The James Balliet Commercial Group, a full service commercial real estate company with an office located at 40 S. Cedar Crest Blvd. Allentown, PA recently leased 5,725 SF at 1922 Catasauqua Rd Allentown, PA 18109 in Valley Plaza Shopping Center, a Bottom Dollar Food grocery anchored neighborhood shopping center. The deal consists of a five year base term and five year option to renew their lease.
According to their website, Plato’s Closet operates over 300 locations and is not your typical second hand clothing store. The gently used clothing and accessories that they buy are all top-name brands, cool, hip, trendy, clean and in excellent condition. “The store is slated to open sometime in April 2013" according to multi store Operator Ryan Simmons.
James Balliet, President of KW Commercial-The James Balliet Commercial Group represented both the Landlord and Tenant in this transaction.
KW Commercial-The James Balliet Commercial Group is a full service commercial real estate company serving the Lehigh Valley, Northeastern Pennsylvania and select counties of New Jersey.