Welcome to Wellsboro Plaza, located in Wellsboro PA. With an on-site management team, the plaza is committed to customer and tenant satisfaction.
Owned and managed by Northeast Keystone Properties, Wellsboro Plaza has an on-site mangement team led by Linda West.
Located on historic US Route 6, the plaza boasts a high visibilty rate with a vechicle count of approximately 13,000 cars per day. The plaza has 340 parking spaces to accommodate shoppers and visitors.
Northeast Keyston Properties leases space on an "as is" or with financed fit-out improvements that include:
Give Wellsboro Plaza a call and learn more about our current vacancies and future openings: 570-724-8032. We look forward to hearing from you.
Northeast Keystone Properties (NEKP) purchased the Wellsboro Plaza in December 2007. The property consisted of 9.75 acres and a 40-year-old 96,400 sq. ft. shopping center. At the time of purchase, the Plaza had a wide mix of tenants, ranging from small businesses to take-out restaurants.
NEKP recognized a need in the market and set its goal to transform the existing retail based plaza into a rejuvenated medical and professional arts multi-tenant facility.
Focusing on this goal in the midst of a national economic downturn, NEKP realized the Plaza required a major makeover to attract the type of tenants needed to make the transition. In February 2008, renovations began with an entirely new pedestrian canopy facade upgrade, and a 5,600 sq. ft. addition to create space for two new tenants: One Main Financial and Concern Professional Services. This $1.0 million multi-project investment increased the Plaza to more than 102,000 gross square feet.
The next transitional opportunity came in 2010 when Guthrie Healthcare Systems purchased 34,000 sq. ft. of under utilized and vacant retail space in the Plaza's south building and developed a state-of-the-art, full service medical clinic - investing more than $4.7 million in the property.
With Guthrie's commitment to the Plaza, NEKP invested more than $650,000, sub-dividing the remaining portion of the south building including new utility systems, renovating the public entry, hallway and lavatories, and adding 100 new parking stalls and other site-wide amenities.
With these improvements, the Plaza acquired two new medical related tenants in 2013:
In 2014 NEKP invested more than $200,000 in reconfiguring and upgrading interior space, finishes and utilities in the Plaza's west building to meet the changing needs of current tenants:
Along with adding new tenants and helping grow existing ones, NEKP continues to update and renew long-term triple-net and gross leases with other existing tenants:
NEKP employs a full time property manager and maintenance supervisor to maintain a first class property for all 23 current and future tenants.
NEKP continues to invest and upgrade the Plaza completing recent projects such as:
Future projects: