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Newmark is pleased to announce that the firm has recently completed a new lease to AAA Travel at 8218 Highland Point Drive within Highlands Retail Center II, in West Chester Township, Ohio on behalf of the property owner, Neyer Properties.
Located in the Highlands Market Square retail development, Highlands Retail Center II is a 16,508-square-foot retail outlot facility with six retail/restaurant units available for lease. AAA Travel signed for a 2,991-square-foot retail space within the building to serve as the new location for the travel and insurance company, which is relocating from the nearby Union Center Pavilion Shopping Center. Newmark’s Retail Specialist TC Bartoszek and Managing Director John Thompson represented ownership in the lease negotiations. AAA Travel is the newest tenant to the building, joining Kumon, a martial arts studio and hair salon. Bartoszek and Thompson will continue to market the remaining available suites within the property.
“We are pleased to have completed this transaction on behalf of Neyer Properties. AAA Travel continues to add to the family-oriented business mix the Highlands development brings to the community,” said Bartoszek. “This new space offers AAA Travel access to a growing population with strong exposure along Cincinnati-Dayton Road, both of which increases exposure to an expanded range of potential clients.”
Highlands Market Square, anchored by Walmart Superstore, boasts strong demographics with median household incomes of $90,500 and a total population of over 141,000. The property also benefits from its location at the I-75 interchange at Cincinnati-Dayton Road and significant motorway visibility.
About Newmark
Newmark is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. Newmark’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; Newmark Capital Markets services, including investment sales, debt placement, valuation and advisory services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
Newmark is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.