D&L Plaza, a shopping center located at 5175 Broadway in Depew, New York, has been sold for $16.2 million. The 12.5-acre property, anchored by Tops supermarket, was acquired by Progress Realty Partners through a closed-bid process. The retail center houses various tenants, including Ace Hardware, Big Lots, UPS, and Dollar Tree.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $16,200,000
• Market: Depew
• Address: 5175 Broadway
• Size: 150,000 square feet
• Price per square foot: $108
• Brokers: Ben Borruso & David Schille - Pyramid Brokerage Co.

Progress Realty Partners successfully acquired D&L Plaza, a shopping center in Depew, New York. The transaction was facilitated by brokers Ben Borruso and David Schille from Pyramid Brokerage Co.