By Joshua Burd
Petco has signed a 15,643-square-foot lease at Advance Realty’s recently repositioned shopping center in East Windsor, bringing the property to 90 percent occupancy.
The pet retailer is expected to take occupancy in June at its new location at Windsor Center, a 130,223-square foot property at 440 Route 130 South, Advance said Thursday. The owner said the deal comes amid increased tenant interest that has resulted from upgrades that it made in partnership with Structure Tone Equities after acquiring the grocery-anchored center in 2012.
CBRE First Vice President Brian Bruzek represented Petco in the lease, according to a news release. CBRE Senior Vice President Jay Miller and Vice President John Krause represented Advance in negotiations.
“We are extremely excited to welcome Petco to the modernized Windsor Center, the subject of recent attractive improvements in a prime area,” East Windsor Township Mayor Janice S. Mironov said in a prepared statement. “Our township has become an increasingly attractive locale for national retailers due to many factors including our superior location, the vibrant local economy and our proactive efforts to support and encourage business.
“Petco is yet another world-class retailer that will enhance shopping and service options for local residents.”
Windsor Center sits on the busy corner of Route 130 and Princeton Hightstown Road, Advance said. Other tenants include Aldi, Ross Dress for Less, Staples, Retro Fitness, PNC Bank and Smashburger.
“Windsor Center has long offered excellent visibility in a dynamic submarket, and the significant improvements we’ve made to the appearance and operations of the property have made it one of the most attractive retail options in the region,” said Barry Quiner, Advance Realty’s director of asset management. “Petco will be an outstanding addition to what is already an impressive mix of tenants.”
