What's New:

October 2023:

 

Leasing Activity

 

RRCC is very please to announce the following leases and early renewals:

 

Street Road Plaza; Bensalem Pennsylvania

Playa Bowl has entered into a lease for 2,600 square feet. This strong franchise tenant joins some our other A list tenants including, APNA cash and carry, Panera Bread, Chili’s, Navy Federal Credit Union, Dollar Tree and many more…

 

Noble Creek Shoppes: Noblesville Indian

We are pleased to announce that Aarons Rents has early renewed its lease consisting of 7,300 square feet. This vibrant center includes a 55,000 square foot Hobby Lobby as well as Pet Supply Plus, The Salvation Army and Indiana Department of Motor Vehicles.

 

 

August 2023:

 

Leasing Activity

 

RRCC is very please to announce the following leases and early renewals:

 

Chapel Hill Center: Cuyahoga Falls Ohio

Michaels Stores, one of our long established primary Tenants has early renewed its Lease for their 17,000 square foot free standing building through 2029 plus options. Chapel Hill Center is located on the heavily trafficked Howe Avenue and our center is shadow anchored by Super Target and Best Buy.

 

June-July 2023:

 

Leasing Activity

 

RRCC is very please to announce the following leases and early renewals:

 

Street Road Plaza; Bensalem Pennsylvania

Navy Federal Credit Union has entered into a new 10 Year lease with options for our existing free standing bank building, with a double drive-thru and fronting Street Road. We are very pleased to have NFCU join our other valued tenants, just to name a few; Chili’s, Panera Bread, Dollar Tree and APNA cash and carry.

 

Warrington Plaza: Warrington Pennsylvania

Verizon Wireless corporate, has early renewed its 4,400 Square foot premises. Verizon has been a long standing valued tenant at Warrington Plaza.

 

Milmont Shoppes, Milmont Pennsylvania

 

*Quest Diagnostics has early renewed its Lease and has further confirmed its commitment to this very dynamic location, with high traffic counts on MacDade Blvd. Boarding Folsom and Milmont Pa.

 

* Business Interface Solutions has Leased 2,092 square feet. Interface is a workforce and staffing company based in Delaware and operating now 7 locations.

 

Shillington Shopping Center, Shillington Pennsylvania

WingStop has entered into a new 10 year lease for 3,200Square feet and we are thrilled to have this very popular food choice at our center. Located on busyLancaster avenue in the heart of Shillington Pa. WingStop joins our other valued tenants including; Pet Supply Plus, Family Dollar, Planet Fitness; Subway; PA. Drivers License Center, Fine Wine and Spirits, just to name a few…

 

Station Place, Indianapolis, Indiana

On Demand Staffing, a regional staffing company in the mid-west has

leases 3,100 square feet. Station Place, an 88,000 square foot office building with two very popular long

established restaurants on the ground level, is located in the heart of downtown Indianapolis, just a few

blocks from the convention center, Lucas oil stadium and the Pacers arena.

 

Fishers Corner, Fishers Indiana

Two of our established and valued tenants, Maximized living and Supercuts have both early renewed their leases. Fishers Corner is shadowed anchored by Super Target and is located in the heart of one of Indiana’s fasted growing communities.

 

 

March 2023:

 

Leasing Activity

 

Street Road Plaza; Bensalem Pennsylvania

RRCC is very pleased that one of our long established Tenants; Chili’s restaurant has early renewed their ground Lease through 2028. Street Road Plaza is 100% occupied comprising over 65,000 square feet including our expanded anchor tenant; APNA Bazaar supermarket.  Other valued tenants include ATI physical therapy, Dollar Tree, Panera Bread Dominos, UPS, and more…

 

Southport Plaza; Indianapolis Indiana

RRCC is happy to announce the early Lease extension for Shoe Carnival through 2028. This Shoe Carnival is one of the largest in the chain at 25,000 square feet.  Southport’s other impressive tenants include;  PETCO, Leslie Pools, Marks Mattress and Bob’s Discount Furniture as well as shadow anchored by a super Walmart.

 

 

December 2022:

 

Leasing Activity

 

Fishers Corner; Fishers Indiana

RRCC is pleased to announce the early lease renewal for Sun Tan City through 2028. Sun Tan City has been a valued tenant in our center since 2008. Fishers Indiana has seen incredible growth throughout the years and remains one of the top demographic markets in Indiana.

 

The Tobacco and Mule Exchange Building; Apex North Carolina

RRCC is pleased to announce the expansion and lease extension, through 2031, of Scratch Kitchen and Tap Room. This very popular restaurant now occupies 4,237 square feet plus a 610 square foot outdoor patio. This unique property is located on Salem Street in the center of downtown Apex North Carolina. Apex and especially its historical downtown, has seen major growth and as part of the “research triangle” Apex remains one of the highest income demographics in the state.

 

 

July 2022:

 

Leasing Activity

 

Street Road Plaza; Bensalem PA.

RRCC is happy to announce the 15 year early lease extension and expansion of APNA Markets. APNA will be performing a major renovation and expansion from their current 9,600 square feet for a total of 25,000 square feet. Located in lower Bucks County Pa. Street Road Plaza’s impressive tenancy, includes; Panera Bread, Chili’s, Univest Bank, ATI Physical Therapy, Domino’s UPS, Dollar Tree and many more successful local and franchise tenants.

 

Southport Plaza; Indianapolis IN.

RRCC has finalized the early lease extension with one of our long standing Tenants; Leslie Pools through 2027. SouthPort Plaza is shadow anchored by a Walmart Super Center and our other successful tenants include PETCO, Shoe Carnival, Marks Mattress and Bobs Discount Furniture.

 

Fishers Corner; Fishers IN.

RRCC is very pleased that Vision Works has entered into a new lease extension through 2027. Fishers Indiana is one the highest income demographics in the State and Fishers Corner’s location being shadow anchored by a Super Target is simply AAA.

 

Cuyahoga Falls Center;

RRCC is very happy to announce that PetSmart has early exercised its option to renew its Lease through 2027. This regional Power Center includes, Five Below, Big Lots, Verizon, Starbucks and Chipotle. Our shadow anchors include, Home Depot, Best Buy and Target.

 

Chapel Hill Center; Cuyahoga Falls, OH.

RRCC is very pleased to welcome as a new Tenant the Honey Baked Ham Company. Honey Baked joins other major tenants such as, Staples, Michaels Crafts, Panera Bread, Play it Again Sports, The Brick House Tavern and many other local and regional tenants. The Chapel Hill Center, located on the high trafficked Howe Avenue is shadow anchored by  Super Target and Best Buy.

 

 

February 2022:

 

Leasing Activity

 

Station Place; Indianapolis Indiana:

RRCC is very pleased to announce the early execution of a 10 year lease extension with The Old Spaghetti Factory. 2021 marked their 40th year at Station Place, an incredible run for this national tenant and now working on 50 years! Station Place, an 87,000 square foot office building, is located in the heart of downtown Indy and this extension reinforces the long term vibrancy of that great city.

 

Bluegrass Plaza; Philadelphia, PA.:

RRCC has executed the lease extension for Quest Diagnostics. This extension brings Quest to 32 years as one of our most valued long standing tenants at Bluegrass Plaza. Located in North East Philadelphia, Bluegrass’s impressive tenant rooster includes, Net Cost Markets, UPS, Dollar General, Chase Bank and many more local and national franchise tenants.

 

Noble Creek Shoppes; Noblesville Indiana:

RRCC is pleased to announce the early lease extension and expansion of our anchor tenant, Hobby Lobby. Hobby Lobby has entered into a 10 year extension and will be expanding its footprint by approximately 3,600 square feet  for a total of 53,800 square feet. This commitment confirms the vibrancy and continued growth of this market and Noble Creek Shoppes remain 100% occupied.

 

Indian Creek Commons; Indianapolis Indiana:

RRCC Is happy to announce the expansion and 7 year lease extension of Nabor Beauty. The expansion adds 2,400 square feet for a total of 11,430 square feet. This market continues to grow and with this expansion this successful shopping center is now 100% occupied.

 

Shillington Shopping Center; Shillington PA.:

RRCC has executed 2 new leases for a total of 5,665 square feet. Shillington Tobacco and Shillington Beer and Soda Stop. Both tenants have multiple locations and will be a very positive addition to this busy center. Bringing Shillington Center to 97% occupied. They join other major tenants such as, Pet Supply Plus, PA. DMV, PA Wine and Spirits, Quest, members 1st Credit Union, Wells Fargo, Family Dollar and Planet Fitness.

 

Chapel Hill Center; Cuyahoga Falls Ohio:

RRCC has entered in a lease with Umami Noodle Company. This brings Chapel Hill Center to 96% occupied. They join major tenants such as, Michaels Crafts, Panera Bread, The original Mattress factory, Brick House Restaurant, Staples, Birds Unlimited and JS Music exchange.

 

 

December 2021:

 

Acquisitions

 

Bucks County Pennsylvania

RRCC is very pleased to announce the acquisition of the Warrington Plaza, an 88,000 square foot multi- tenant shopping center located in Warrington Pennsylvania, just 17 miles north of Philadelphia in Bucks County. Warrington is shadow anchored by Home Depot and our impressive list of tenants include, Citizen Bank, Huntingdon Bank, Verizon, Moe’s South West Grill, ATI Physical Therapy, Rite Aid, Avalon Carpet and Tile, Quest Diagnostic and many more long established local service and retail tenants.

 

 

July 2021:

 

Leasing Activity

 

Bucks Center, Feasterville, PA:

RRCC welcomes the grand opening of the 30,120 square foot Burlington Stores and the 8,500 square foot Seafood Jumbo Buffet. Both join our other long term valued tenants, including, Davids Bridal, Dollar Tree and the PA. Home store.

 

Newport Plaza, Levittown, PA.:

RRCC announces the completion and grand opening of the 6,900 square foot Capital Health Primary Care center. The Capital Health Medical Group is made up of over 400 physicians and other providers for primary, specialty and surgical care in New jersey and Pennsylvania.

 

 

October 2020:

 

Leasing Activity

 

Bucks Center, Feasterville, PA:

RRCC is very please to announce the execution of a lease with Burlington Stores for 30,120 Square feet. The scheduled completion of the tenant improvements are spring 2021 .

 

Street Road Plaza, Bensalem, PA:

RRCC welcomes the UPS Store to join our impressive mix of tenants including, Chili’s. Univest Bank, Panera Bread, Dollar Tree, ATI Physical therapy, APNA Markets, plus many more…

 

 

Chapel Hill Shoppes, Cuyahoga Falls OH.:

We are happy to announce the relocation and expansion of a long standing tenant, the "JS Music Exchange". They have increased their footprint from 2,600 to 7,400 square feet under a new 7 year agreement. This expansion further confirms the growth of this market and the vibrancy of our multi-tenant 85,000 square foot shopping center, whose tenants include; Staples, Michaels Stores, Panera Bread, Jimmy Johns and many more. . Recent early lease renewals include, Wild Birds Unlimited, The Brickhouse Tavern and Tap, The Original Mattress Factory and Play It Again Sports.

 

 

April 2020:

 

Leasing Activity

 

Street Road Plaza, Bensalem, PA:

RRCC is please top announce that ATI Physical Therapy has early exercised its 5 year option, whereby their lease has now been extended through 2028.

 

 

February 2020:

 

Acquisitions

 

Noble Creek Shoppes, Noblesville, IN:

RRCC is thrilled to announce the acquisition of Noble Creek Shoppes; a 100,000 square foot shopping center located on State Road 37, in Noblesville, Indiana, just 20 miles from downtown Indianapolis. Our major tenants include; Hobby Lobby, Pet Supply Plus, The Salvation Army Donation and retail center and The Indiana Department of Motor Vehicles.

 

January 2020:

 

Acquisitions

 

Cuyahoga Falls, OH:

RRCC is please top announce the acquisition of The Chapel Hill Shoppes in Cuyahoga Falls Ohio. This 85,000 Square foot neighborhood center is located just on the other side of Target from our other center in Cuyahoga Falls. The center is located on Howe Avenue just off interstate 8 in a very dense retail corridor. Our major tenants include, Michaels Crafts, Staples, The Brick House Restaurant, Panera Bread and Jimmy Johns, just to name a few.

 

 

Leasing Activity

 

Shillington Center, Shillington PA:

RRCC is please top announce the following:

• The early renewal of Pet Supply Plus through 2029.

• The Lease signing for Members First Credit Union in 2,300 square feet.

 

 

Newport Plaza, Levittown, PA:

RRCC is pleased to announce the following:

• The opening of the Bank of America drive-up ATM.

• The Lease signing of Capital Health for 6,900 square feet under a 10 year lease with multiple options.

• Dollar General has entered into an early Lease extension through 2028.

 

Cuyahoga Falls Center, OH:

RRCC has finalized the early lease extension for Chipotle through 2031.

 

Indian Creek Commons, Indianapolis, IN:

RRCC has completed the early renewal for Buffalo Wild Wings through 2025, with multiple options.

 

 

June 2019:

 

Leasing Activity

 

Cuyahoga Falls, Ohio:

RRCC has finalized the early Lease re-newels for both Verizon and Starbucks at the Cuyahoga Falls Center. Starbucks has consolidated it’s 2- 5 year options into one 10 year, with both tenants having also just completed major store re-models, which reinforces their commitment to this vibrant shopping center.

 

Shillington PA:

RRCC is pleased to announce that both Sherwin Williams and Subway have early exercised their 5 year options. Subway will also be completing its store re-model.

 

February 2019

 

Acquisitions

 

Shillington PA:

RRCC is very pleased to announce that it has purchased “The Shillington Shopping Center”. This 72,000 neighborhood center is located on route 222 in the Reading, PA. MSA. Shadow Anchored by a Giant supermarket with a separate gas station.. Our tenant rooster is impressive, including; Pet Supply Plus, Family Dollar, Planet Fitness, PA. State Wine and Liquors, Sherwin Williams, Little Caesars, Wells Fargo, and many more.

 

January, 2019

 

Leasing Activity

 

Station Place, Indianapolis IN:

RRCC is pleased to announce the executed long term leases for over 9,500 square feet to SWC Technologies, a premier Business Technology and IT solutions company, now a part of BDO USA, one of the nations leading accounting and advisory firms. K2M Design, an award winning national architectural, engineering and design firm. We are proud to add both companies to our roster of impressive tenants at Station Place.

 

November 2018

 

Leasing Activity

 

Street Road Plaza, Bensalem, PA:

RRCC is very pleased to have executed a long term lease with Dominos’ Pizza, adding another terrific food choice to busy Street Road Plaza.

 

May, 2018

 

Leasing Activity

 

Station Place, Indianapolis, IN:

RRCC is very pleased to have extended the Lease for Hooters Restaurant. This 8,000 square foot Hooters is strategically located in the heart of vibrant downtown Indianapolis and just steps from The Indy Convection Center, Banker Life Arena (Pacers) and Lucas Oil Stadium, (Colts).

 

Bluegrass Plaza, Philadelphia, PA:

RRCC has finalized a 10 year Lease, with multiple options, with Dollar General for a 10,200 square foot store. We are very pleased to have Dollar General join our line-up of successful tenants, which include; Net Cost Markets, Quest Diagnostics, UPS and many many more.

 

Street Road Plaza, Bensalem, PA:

RRCC is very pleased to have completed the extension the Chili’s Lease at Street Road Plaza. Chili’ recently completed a store renovation and their long standing commitment to this center shows how dynamic a location it is.

 

 

January, 2018

 

Leasing Activity

 

Street Road Plaza, PA:

RRCC is pleased to announce the early Lease extension for Panera Bread for an additional 7 Years. Panera has recently upgraded this store showing great confidence in the continued success of this location.

 

Cuyahoga Falls Center, OH:

RRCC has successfully concluded an early Lease extension with Starbucks through 2028. This power center, Drive-Thru location has proven to be very dynamic for Starbucks and all of our valued Tenants.

 

Southport Plaza, IN:

RRCC is pleased to announce a new Lease with Mark’s Mattress Outlet.  Mark’s is joining an impressive Tenant rooster including Bob’s Discount Furniture, PETCO, Shoe Carnival and Leslie Pools. Marks is a regional bedding retailer with over 30 stores in 3 States.

 

Station Place, IN:

RRCC has finalized a Lease with QDiscovery for 5,188 Square feet of prime office space. QDiscovery is a leader in data collection services, forensic investigations and consulting.

 

Recent new Leases also include; The National Association of Charitable Giving for 2,682 Square feet, MSK2 for 1,798 Square feet, a nationally recognized urban design and planning company.

 

 

June, 2017

 

Cuyahoga Falls, Ohio:

RRCC is pleased to announce the acquisition of the Cuyahoga Falls Market Center, a 76,358 square foot 100% occupied, power center located in Cuyahoga Falls, Ohio, which is part the Akron MSA.

 

The Center is located on Howe Avenue just off interstate 8, in the heart of the central retail corridor. The centers impressive roster of tenants include, PetSmart, Five Below, Big Lots, Chipotle, Verizon and Starbucks and is directly adjacent to Home Depot, Best Buy and Target. “We are very happy with this quality acquisition in such a mature and stable market.  This tenant mix, with very little “on-line sales” vulnerability,  fits our model perfectly and we look forward to more such acquisitions” quoted Ben Braunstein, President of Realty Resource Capital Corp.

 

 

April 2017:

 

Levittown, PA: RRCC announces the acquisition of a 25,000 square foot retail center. The center will be completely renovated with a new façade, lighting, roof etc.

 

Our current tenants include Dollar General, Citizen bank and a well-established neighborhood butcher/ grocery plus a 7,000 square foot vacancy which will also be made ready for a new tenant. The location is AAA with a very high car count in a densely populated market just off I95.This is our 6th retail asset in the market bringing our total square footage to over 300,000.

 

 

January 2017:

 

Station Place in Indianapolis: RRCC is very pleased to announce the acquisition of Station Place, a 90,000 Square foot historical office building located at 200 South Meridian Street, in the heart of downtown Indianapolis. The property contains approximately 70,000 SF of unique office space, geared to the tech and other growth industries in downtown Indy, plus two long established restaurants totaling 20,000 square feet. Located a few blocks from Bankers life stadium, Lucas oil stadium and the 1.3 mil square foot convention center, the property, through a unique “pedway” system is also attached to the Omni Hotel and the 700,000 square foot Simon Mall. “ We are very excited about this new acquisition, as downtown Indianapolis is experiencing extremely strong growth and Station Place is poised to capitalize on this with a very special, user friendly building in a superior location. This adds to our already significant retail portfolio in the Indianapolis MSA”. Quoted Ben Braunstein, President of Realty Resource Capital Corp.

 

 

October 2016:

 

Southport Plaza Shopping Center in Indianapolis: “RRCC is very excited to announce that Bob’s Discount Furniture has leased 33,000 SF, joining our successful line up of retailers including PETCO, Shoe Carnival and Leslie Pools. Bob’s will be replacing Kittles Rooms Express and the anticipated opening is in the early Spring of 2017. With over 75 current locations, primarily in the North East, Bob’s is now aggressively expanding throughout the Mid-West and beyond.”

 

 

September 2016:

 

Bluegrass Plaza, Philadelphia: 2 Leases totaling 2,227 square feet were executed with 2 quality local business.

 

Fishers Corner, Indiana: Leased 1,600 square feet to Pita Land, a multi chain Mediterranean restaurant.

 

Bucks Center: Bucks County PA: David’s Bridal executed an early Lease extension for an additional 10 years and completed a gut renovation for their new concept store. “We are proud to have David’s Bridal as one of our long standing tenants of over 18 years in this center and their renovation and Lease extension confirms their ongoing commitment and success in this market.” Quoted Ben Braunstein, President of RRCC.

 

Indian Creek Commons: Indianapolis, IN.:

 

   1. Deals rebrands as Dollar Tree Stores and early exercises their option to re-new through 2024.

 

   2. Cricket Wireless leases 960 Square Feet.

 

   3. Buffalo Wild Wings completes a major interior and exterior renovation.

 

 

August 2016:

 

The acquisition of The Milmont Shops 12,000 SF, Built in 2008 and located on West MacDade Blvd. in Ridley Township, PA. (Philadelphia MSA). A 2-story Medical/Retail Center.

 

Purchase Price: $3,355,000 which represents an 8.6% levered return.