Five Guys Burgers & Fries signs a new lease

Five Guys Burgers & Fries signs a new lease for 2,400 square feet of the former Blockbuster Video store in the Centerville Square Shopping Center in Lancaster, PA.

Lancaster, PA (Lancaster County) – October 15, 2010 – R.J. Waters & Associates, Inc., Southeast Pennsylvania’s premier development, management, leasing, and brokerage firm, has leased 2,400 square feet of retail space in the Centerville Square Shopping Center to Five Guys Burgers & Fries. Five Guys will begin construction in December and expects to open by May 2011.

The Centerville Square Shopping Center is located at the intersection of Rt. 30 & Centerville Road in Lancaster, PA. The 106,681 square foot Shopping Center is anchored by Giant Food, CVS, Wine & Spirits, Hallmark, GNC, Radio Shack, and Friendly’s. R.J. Waters & Associates’ Kevin Lahn and Joe Waters represented the landlord in the transaction.

“The closing of so many Blockbuster Video Stores at one time is troubling to any landlord; however, in situations like that of Centerville Square Shopping Center, they present a unique opportunity. Five Guys will take ½ of the former Blockbuster, making an already successful shopping center even more successful,” said Waters.

About R.J. Waters & Associates

R. J. Waters & Associates, Inc. is a commercial real estate development, management, leasing, and brokerage firm located in Southeast, Pennsylvania.  R.J Waters & Associates, Inc. manages and leases 21 neighborhood shopping centers throughout Pennsylvania, Delaware, and Virginia. Collectively, we manage over 2.4 million sq. feet of retail space, catering to the needs of over 350 tenants.  Please visit our website at www.rjwaters.com.

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