COSTAR.COM, May 5, 2009
The Goldenberg Group and Ironwood Property Group is progressing ahead of schedule on Exeter Commons, a 490,000-square-foot power center under construction in Berks County, PA. The project, anchored by Target (132,000sf), Giant Foods (81,000sf), and Lowe’s (171,000sf), is located on 50 acres along Route 422 in Exeter Township.
Target and Giant are scheduled to open in late July, followed by Lowe’s in August. Other tenants include Sonic Drive-In (1,600sf), Wells Fargo/Wachovia, Red Robin, Chick-Fil-A and Affinity Bank.
This project has been on the drawing board for the Exeter Township for more than 10 years. Goldenberg and Ironwood didn’t form their partnership to redevelop the 50-acre property until spring 2008.