Real estate wrap: Litter box maker moving to Buccini/Pollin building

Petnovations Inc., maker of a self-cleaning cat box called "Cat Genie," leased 6,424 square feet at 705 General Washington Ave. in Norristown, Pa.

The building is owned by Buccini/Pollin Group Inc., a property owner and developer in Wilmington, Del. Petnovations plans to relocate in February to the space, which will be its new headquarters. It will move from 989 Old Eagle School Road in Wayne, Pa. Beacon Commercial Real Estate, a local commercial real estate brokerage, arranged the lease.

In other deals:

* Dolan Group, an investment affiliate of Westampton, N.J.-based Dolan Contractors Inc., began construction on a 184,000-square-foot speculative warehouse at 41 Phoenix Drive, Thorofare, N.J. The building, which will stand at Exit 19 of I-295, is expected to be completed in the first quarter of next year. Jackson Cross Partners is handling leasing of the building.
* Starbucks Coffee beefed up its local presence during the second half of this year, signing leases for 10 new stores across the region. The Seattle coffee company put shops in Center City, Manayunk and City Avenue in Philadelphia; three sites in New Jersey, in Cherry Hill, Washington Township and Gloucester Township; in Seaford, Del., along the Delmarva Peninsula; in West Chester, Pa.; and in Warrington, Pa. Colliers Lanard & Axilbund is the exclusive leasing agent for Starbucks and arranged all of the leases.
* Geico Insurance Co. leased 5,181 square feet at Two Greentree Center, 9000 Lincoln Drive, Marlton, N.J. Grubb & Ellis represented the tenant while the landlord, Brandywine Realty Trust, handled its side of the deal.
* Prudential Fox & Roach Realtors leased 6,000 square feet at Gwynedd Gate, a new 25,000-square-foot building at 1600 Bethlehem Pike in Lower Gwynedd, Pa. Mahoney Realty Group represented the tenant while American Equity Management Co. represented the landlord, an affiliate, American Equity Properties.
* Thomson Financial renewed its lease of 10,390 square feet at 1601 Market St., Philadelphia. Grubb & Ellis handled the deal.

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source: bizjournals.com