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RFK lands lifestyle assignments totaling over 1.3m s/f.

RKF Retail Property Advisors, a division of Robert K. Futterman & Associates specializing in leasing and consulting for retail and lifestyle retail projects, has secured three new lifestyle center assignments in the Northeast United States--Towne Place at Garden State Park in Cherry Hill, NJ; Potomac Town Center in Woodbridge, VA, and Westwood Station in Westwood, MA.

Town Place at Garden State Park is a new mixed-use project being developed by Edgewood Properties on the 223-acre site of the former Garden State Park racetrack in Cherry Hill, NJ. RKF is the exclusive retail leasing consultant for 250,000 s/f of lifestyle retail space, which is only a small portion of this project.

Other features include a 500,000 s/f retail power center, 360 townhouses, 691 luxury apartment units, 608 active adult residential units, one million square feet of office space and a 200-key hotel.

With RKF already working with The Mills Corporation on its Xanadu project in East Rutherford, NJ, the national mall developer hired RKF as a retail leasing consultant for its mixed-use Potomac Town Center, located in Woodbridge, VA.

Potomac Town Center features 650,000 s/f of high-end retail and fine dining, 150,000 s/f of office space, 500 garden-style and above-retail residential units and a hotel. A joint venture of Cabot, Cabot & Forbes, the Commonfund, and New England Development has hired RKF Retail Property Advisors as exclusive retail leasing consultant for Westwood Station. When complete, this new mixed-use development will feature 1.2 million s/f of retail space, 1000 residential units, two million square feet of office space and two hotels.

RKF will assist with the leasing of the upscale lifestyle portion of the project, consisting of approximately 400,000 s/f.

The addition of these new assignments brings to seven the number of projects for which RKF has been hired since the formation of the division 18 months ago.

Headed by Mitchell N. Friedel, Executive Vice President, RKF Retail Property Advisors is currently involved with developments totaling more than 4.5 million square feet in locations throughout the United States.

"We are happy to be affiliated with such prominent developers and to be working on such significant projects, each of which is the preeminent site in its respective market," said Friedel.

Other assignments on which RKF is currently working include Bloomfield Park, Bloomfield Hills, MI, The Mercato, Naples, FL, Meadowlands Xanadu, East Rutherford, NJ, and SouthSide Works, Pittsburgh, PA.
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Title Annotation:RETAIL
Publication:Real Estate Weekly
Date:Feb 8, 2006
Words:406
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