In The News

Inland Capital, LLC and Charter Realty & Development Announce Joint Venture Acquisition of Philadelphia-Area Retail Center

January 09, 2020 Oak Brook, Ill. – A Joint Venture between an institutional co-mingled fund sponsored by Inland Institutional Capital, LLC (“ICAP”) and Charter Realty & Development Corp. (“Charter”) announced today the acquisition of Baederwood Shoppes on the Fairway, a 116,778-square foot grocery-anchored shopping center in Jenkintown, Pennsylvania, for $43.3 million. Mark Cosenza, senior vice…
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Brand Urban Secures Lease for Yardbird in Washington D.C.

Taryn Brandes, of Brand Urban – Charter Realty’s new urban brokerage partner, has secured a 8,000 SF lease for Yardbird Southern Table & Bar in Washington D.C, the first in the area. Yardbird will be located at the heart of downtown, in the former Acadiana restaurant space at 901 New York Avenue NW. Brad Buslik…
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Craig Gambardella Joins the CRDC Team

Charter Realty & Development Corp. is pleased to announce that Craig Gambardella has joined its brokerage team, and will concentrate on expanding tenant and retail owner representation in the healthcare space. The delivery of healthcare is evolving daily, and is driven by convenience, technology, integrated care and patient outcomes. Craig works with medical clients throughout…
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Invesco Retains CRDC to Manage The Loop in Methuen MA

Charter Realty & Development Corp. is pleased to announce it has been retained to manage and exclusively lease The Loop shopping center in Methuen, MA. The Loop is a 340,000 sf center, spanning 46 acres in a highly trafficked retail corridor, and includes AMC Theatres, Stop & Shop, Marshall’s, and Old Navy, with Target, Wal-Mart,…
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CRDC Places LabCorp in Wayne NJ location

Charter Realty & Development is pleased to announce that Scott Edlitz, on behalf of LabCorp. (NYSE: LH), has secured a 14,190 SF lease in Wayne, NJ. The premises are located just off I-80 on Route 23, in close proximity to the Willowbrook Mall and a two-minute drive to the Wayne/ Route 23 Transit Center. LabCorp.…
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CRDC Retained to Lease Prime Retail Spaces in Milford, CT

Charter Realty & Development is pleased to announce that Peter Levine has been retained to lease two retail spaces located in the prime Milford, CT retail corridor. The first is the former Babies R Us space, located at 1522 Boston Post Road, just off Exit 39 of I-95. This 31,738 SF freestanding building sits on…
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