Paramount Realty Acquires Retail Portfolio In Lionville, West Chester, And More For $114.25M

An undisclosed retail property located at 128 – 168 Eagleview Boulevard (Route 113), 1502 West Chester Pike, 2679 Shillington Road (Route 724), 1650 Limekiln Pike (Route 152), and 37 West Ridge Pike in Lionville, West Chester, Sinking Spring, Dresher, and Limerick, PA, has recently been sold. The property was sold by Brandolini Companies to Paramount Realty - Maurice Zekaria and Medipower Group for a sale price of $114,250,000. The asset type of the property is retail.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $114,250,000
• Buyer: Paramount Realty - Maurice Zekaria; Medipower Group
• Seller: Brandolini Companies
• Brokers: Chris Munley, Jim Galbally, Colin Behr, and James Graf - JLL Capital Markets

The deal was facilitated by broker representatives Chris Munley, Jim Galbally, Colin Behr, and James Graf from JLL Capital Markets. They played a crucial role in connecting the buyer, Paramount Realty - Maurice Zekaria and Medipower Group, and the seller, Brandolini Companies, in this transaction.