With new deals totaling more than 28,000 square feet, the once-distressed Georgian Place outlet center in Somerset is at 90 percent occupancy, according to Tonya Spangler, vice president of leasing and sales.
New tenants include Wilson Creek Energy, George & Bob's Computer Service, Appalachia Intermediate Unit 8 administrative offices, Community Care Inc., Ophthalmic Associates, Pennsylvania Elks State Association and Polished Professional Nail Spa. The newest condominium owner is the Boys & Girls Club of Somerset County, which purchased more than 11,000 square feet for its new facility.
"We have stuck with our initial plan to create a mixed-use center anchored with medical and professional offices and have been diligent in maintaining existing tenants," Spangler said in a press release. "The project has taken creativity and substantial capital and management investments by SugarOak to be this successful."In 2005 SugarOak Properties of Herndon, Va., converted the 182,000-square-foot facility into a business condominium, providing office, retail, medical and service users with an opportunity to purchase or lease ready-to-use space.
For more information on Georgian Place or opportunities available for leasing or purchasing space at the center, please call 814-443-3818 or visit our website at www.georgianplace.net
No comments:
Post a Comment