Jackson Cross Partners Negotiates 32,500 SF Lease Agreement for Goodwill of Delaware and De

Jackson Cross Partners announced today the acquisition of a long-term lease property by Goodwill of Delaware and Delaware County.
By: Jackson Cross Partners
KING OF PRUSSIA, Pa. - June 17, 2013 - PRLog -- (King of Prussia, PA) –   Jackson Cross Partners announced today the acquisition of a long-term lease property by Goodwill of Delaware and Delaware County. The property, a vacant former shopping center located on Baltimore Avenue in Upper Darby Township, will function as a new retail store, job resource center and donation collection site for the non-profit organization.  

Goodwill CEO Colleen Morrone is pleased with Goodwill’s new market space acquisition.  “Goodwill is in the midst of an expansion into Delaware County,” said Morrone.  This new facility in Upper Darby will be our largest retail store and will also include a job resource center to help the community with job search skills and placement opportunities. It will also bring about 50 jobs to the local area.”

Fred Hesser, Account Executive with Jackson Cross Partners, represented Goodwill of Delaware and Delaware County in this transaction. “This deal is not only a win for Goodwill; it is also a win for the community. The organization will benefit from 32,500 SF of workable space and the community will see an abandoned shopping center transform into a modern, staffed facility.”  The grand opening of the new Goodwill location is slated for July 2013.

About Goodwill of Delaware and Delaware County, Inc

Incorporated in 1921 by the Rev. J. H. Beauchamp at Asbury Methodist Church, Goodwill of Delaware and Delaware County, Inc. is the oldest nonprofit 501(c)(3) organization providing job training (http://www.goodwillde.org/Jobs_Training_Placement.asp) in the state of Delaware.  With community support and the revenue generated through Goodwill's retail stores (http://www.goodwillde.org/Shop_Find_Store.asp) and other businesses (http://www.goodwillde.org/Hire.asp), Goodwill provides innovative programs to meet the current needs of the workforce.  For more information, visit www.goodwillde.org.

About Jackson Cross Partners

Jackson Cross Partners (JCP) is a multi-dimensional commercial real estate company that offers a unique resource to an organization’s real estate challenges. The company provides commercial property owners and occupiers with a broad range of services including Advisory, Brokerage, CRE Strategies, Investment and Property Management. With advanced skills and experience in Real Estate, Finance, Accounting, Technology and Law, JCP provides a cross functional approach to real estate planning, analysis and operational execution. The company, based outside of Philadelphia, PA, provides regional brokerage services in Pennsylvania, Delaware and New Jersey, while also providing advisory and strategic execution for client portfolios throughout North America and around the world. For more information, go to www.jacksoncross.com.
Source:Jackson Cross Partners
Tags:Goodwill, Property, Management, Lease, Commercial
Industry:Non-profit, Real Estate
Location:King of Prussia - Pennsylvania - United States
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