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Curbline Properties Corp Acquires Five Retail Properties In Philadelphia For $14.8 Million

Property Image
SOLD
$14,800,000

Pennsylvania

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Retail38,000 SF
Sold 06/04/2025
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SOLD

Curbline Properties Corp Acquires Five Retail Properties In Philadelphia For $14.8 Million

2540 Aramingo Avenue

See Similar Deals
Retail38,000 SF
Sold 06/04/2025
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Summary

PENNSYLVANIA
Asset Type:Retail
Price Per Square Foot:$389
Total Square Footage:38,000 SF
Transaction Type:Sale

The transaction involved the sale of five retail properties located at 2501, 2520, 2535, 2540 & 2545 Aramingo Avenue in Philadelphia, PA. The properties have a combined area of 38,000 square feet and were sold for a total price of $14,800,000, translating to a price per square foot of $389.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $14,800,000
  • Buyer: Curbline Properties Corp
  • Seller: Rodin Group
  • Broker Representatives: Brad Nathanson & JP Colussi - Institutional Property Advisors
  • Portfolio includes: Wawa, Applebee’s, Pizza Hut, and a former Rite Aid set to become a Chick-fil-A

Curbline Properties Corp. has strategically focused on acquiring properties in densely populated areas with high traffic, adding this portfolio as part of their expansion into convenience-driven retail locations.

Players

Brad Nathanson
15 deals$488.2M volume(215) 531-7000
BROKER

JP Colussi
Institutional Property Advisors
10 deals$244.5M volume
BROKER

Institutional Property Advisors
BROKERAGE

Details

SOLD
IMAGE: 06/04/2025 ADDRESS: 2501, 2520, 2535, 2540 & 2545 Aramingo Avenue MARKET: Philadelphia, PA ASSET TYPE: Retail BUYER: Curbline Properties Corp SELLER: Rodin Group BROKERS: Brad Nathanson & JP Colussi - Institutional Property Advisors SALE PRICE: $14,800,000 SF: 38,000 ~ PPSF: $389 NOTE: Curbline Properties Corp. acquired five retail properties on Aramingo Avenue near Fishtown for $14.8 million from Rodin Group, including a Wawa, Applebee’s, Pizza Hut, and a former Rite Aid slated to become a Chick-fil-A. The 38,000-square-foot portfolio adds to Curbline’s growing focus on convenience-driven retail in dense, high-traffic locations.

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