New York Investor Purchases 221157 Square Foot South Philadelphia Shopping Center From Publicly Traded REIT

The sale involved a retail property located at 2301 Oregon Avenue in Philadelphia, PA, encompassing 221,157 square feet. The property is anchored by ShopRite and Ross, contributing to its value in the market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Sale Date: 02/04/2025
• Address: 2301 Oregon Avenue
• Market: Philadelphia, PA
• Square Footage: 221,157

Steve Collins from The Palomar Group facilitated the transaction on behalf of the buyer and seller, both of whom chose to remain anonymous. The buyer is identified as a New York-based investor purchasing the property from a publicly traded REIT.