About Us
Advance with Confidence
Based in Kennett Square, PA, Waters Retail Group currently manages and leases a portfolio of over 3.2 million square feet of retail space in Pennsylvania, Delaware, New Jersey, Maryland, Virginia, and Florida.
High Quality Results
that Stands the Test of Time
For over 30 years, Waters Retail Group has been a leading full-service commercial real estate firm in Pennsylvania, offering comprehensive solutions for shopping center development, leasing, property management, and construction management. Our expertise and dedication have empowered our clients to reach long-term success in their real estate ventures.
98 %
Average Occupancy Rate
3.4 M
Sq. Ft. of Development Experience
3.2M
Sq. Ft. of Leased & Managed Space
$750 M
Tenant Annual Retail Sales
Our Management Team
Meet Our Team
Our management team is here to help you with your commercial real estate needs.
Joe Waters
President
Kevin Lahn
Executive Vice President
Dan Altman
Vice President | Property Management & Construction
Susan Willis
Controller
Alexis Mandell
Media Contact
Our Philosophy
Built on Core Values
Quality
We prioritize meticulous attention to detail, innovative solutions, and unwavering high standards to ensure that every space we develop or manage exceeds expectations.
Experience
We have the knowledge, judgement and skill that comes with over 30 years of learned experience and proven success in the shopping center industry.
Integrity
We uphold honesty, transparency, and ethical conduct in all our dealings, fostering trust and confidence among clients, partners, and communities.
Community
From collaborating with local businesses to hosting events that bring people together, we prioritize building strong, interconnected communities within and around our properties.
About Us
30 Years of Achievement and Growth
The Beginning
1992
After leading Eisenberg Group’s Northeast Office for many years, where he focused on developing, managing, and leasing grocery-anchored shopping centers in Southeast PA, Bob Waters eagerly seized the chance to buy the branch he had directed. This marked the official formation of R.J. Waters & Associates, Inc.
Expanding Reach, Planning for the Future
2005
In 2005, we expanded our operations to Delaware and Virginia, broadening our market presence, while continuing to provide exceptional services for our clients. This expansion allowed us to serve more clients and establish ourselves as a reputable company in multiple states. At the same time, we added the “next generation” of leaders to the company who now oversee the operations of the company today.
Corporate Rebranding, Client Focused
2015
In the subsequent years, R.J. Waters & Associates, Inc. established itself as a highly regarded private developer in the region. We earned a reputation as a trusted partner for third-party owners, demonstrating our expertise across every phase of retail real estate projects and maintaining involvement well beyond construction. As third-party management expanded and construction management and tenant representation services were added, R.J. Waters & Associates, Inc. rebranded to become Waters Retail Group.
Industry Leadership
2024
Many development projects dating back to the mid-1980s are still under Waters Retail Group’s management today. Approximately half of our property management portfolio consists of shopping centers developed by Waters Retail Group, with the remainder stemming from partnerships with third-party clients, including private owners, family trusts and institutional investors. We continue to expand our Third-Party Services and Property Management and Leasing programs, actively engaging with investors and pursuing new opportunities each year.
The Beginning
1992
After leading Eisenberg Group’s Northeast Office for many years, where he focused on developing, managing, and leasing grocery-anchored shopping centers in Southeast PA, Bob Waters eagerly seized the chance to buy the branch he had directed. This marked the official formation of R.J. Waters & Associates, Inc.
Expanding Reach, Planning for the Future
2005
In 2005, we expanded our operations to Delaware and Virginia, broadening our market presence, while continuing to provide exceptional services for our clients. This expansion allowed us to serve more clients and establish ourselves as a reputable company in multiple states. At the same time, we added the “next generation” of leaders to the company who now oversee the operations of the company today.
Corporate Rebranding, Client Focused
2015
In the subsequent years, R.J. Waters & Associates, Inc. established itself as a highly regarded private developer in the region. We earned a reputation as a trusted partner for third-party owners, demonstrating our expertise across every phase of retail real estate projects and maintaining involvement well beyond construction. As third-party management expanded and construction management and tenant representation services were added, R.J. Waters & Associates, Inc. rebranded to become Waters Retail Group.
Industry Leadership
2024
Many development projects dating back to the mid-1980s are still under Waters Retail Group’s management today. Approximately half of our property management portfolio consists of shopping centers developed by Waters Retail Group, with the remainder stemming from partnerships with third-party clients, including private owners, family trusts and institutional investors. We continue to expand our Third-Party Services and Property Management and Leasing programs, actively engaging with investors and pursuing new opportunities each year.
