461 Route 38 in Maple Shade — Courtesy: Vantage Real Estate Services
By Joshua Burd
A high-end wine lounge is taking 2,600 square feet at a Burlington County shopping center, under a newly completed transaction by Vantage Real Estate Services.
In a news release, Vantage RES said it worked closely with both parties in the lease between Versi Vino and Piyush Amin of VP 38 Realty LLC, the landlord at 461 Route 38 in Maple Shade. Versi Vino has signed a long-term commitment at the newly built center, which is now fully occupied.
Monica Walsh and Peter Abdallah, directors of client services at Vantage RES, completed the assignment for the Marlton-based firm.
“Monica and Peter were really a pleasure to work with during this process,” the owners of Versi Vino said in a prepared statement. “The entire team provides a high level of personalization and professionalism which is not always easy to find in today’s business world.
“With Vantage being based in South Jersey, we also leaned on them for some introductions to other services we will need. Those individuals we were given have also shown to be very useful as we build out our new business.”
Versi Vino is a high-end, wine-focused lounge specializing in distinctive wines paired with upscale cuisine, the news release said. The operator joins Dunkin Donuts, 38 Tobacco Mart, Detangled Hair Salon and Blush Nail Bar at the complex, which is equidistant from the Cherry Hill and Moorestown malls.
“Peter Abdallah and Monica Walsh were very professional and reachable,” Amin said. “The shopping center, which had three vacancies, is now fully leased, thanks to their efforts and hard work. They worked alongside both the tenant and us in negotiating the lease, coordinating the process of retrofitting the space, as well as helping in the process of planning and zoning, even attending the meeting.
“We are really thankful to Vantage RES and the team for helping us and doing the hard work for our company.”
