METRO COMMERCIAL ARRANGES 21,827 SF LEASE FOR ASHLEY FURNITURE

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National furniture retailer to take over Lane Home Furnishings site

Wilmington, DE (New Castle County) – June 14, 2010 – (RealEstateRama) — Metro Commercial Real Estate, Inc., the Philadelphia region’s premier full-service retail real estate company, has negotiated a sublease for the region’s largest home furniture and manufacturing company, Ashley Furniture, to occupy the former 21,827 square foot Lane Home Furnishings at the Brandywine Town Center located in Wilmington, DE.

This Wilmington location is Ashley’s second entry into the Northeast MD/Northern DE marketplace. Metro Commercial’s Brent Barbehenn represented the sublessor, Lane Furniture, in the transaction.

Ashley Furniture Storefront“By offering a sales environment that provides lifestyle visuals and design services, Ashley Furniture has established itself as one of the leading home furnishings retailers in the region,” said Barbehenn, “This regional location will complement their existing Elkton, MD store.”

Since 1945, Ashley Furniture has offered fine home furnishings retailers at the absolute lowest prices.

About Metro Commercial
Metro Commercial (www.metrocommercial.com) is one of the largest full-service retail real estate firms in the region with transaction considerations exceeding $1.1 billion. Metro Commercial specializes in retail tenant representation, shopping center leasing, property management, and investment property sales. With 2 offices located in Pennsylvania and New Jersey, Metro Commercial currently represents nearly 50 national retailers and serves as the exclusive leasing agent for more than 200 properties, totaling nearly 20 million square feet.

Contact: Amy Orons
Metro Commercial Real Estate, Inc.
856-222-3015 (office)
609-405-3350 (mobile)

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Metro Commercial is one of the largest full-service retail real estate firms in the country with transaction considerations exceeding $1.1 billion. Metro Commercial specializes in retail tenant representation, shopping center leasing, property management, and investment property sales. With 2 offices located in Pennsylvania and New Jersey, Metro Commercial currently represents nearly 50 national retailers and serves as the exclusive leasing agent for more than 200 properties, totaling nearly 20 million square feet.

Contact:

Pennsylvania Office
Eight Tower Bridge
161 Washington Street, Ste 375
Conshohocken, PA 19428
Phone: 610-825-5222
Fax: 610-825-5156

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