Abrams Realty & Development Acquires Dekalb Plaza Retail Center In East Norriton, Pennsylvania For $23.1M

Abrams Realty & Development has acquired Dekalb Plaza, a retail center located at 2640-2714 Dekalb Pike in East Norriton, Pennsylvania. The property, totaling 178,356 square feet, was sold by Broad Street Realty for a price of $23,100,000. The retail center is home to notable tenants such as Chick-fil-A and Goodwill.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $23,100,000
• Property Size: 178,356 square feet
• Address: 2640-2714 Dekalb Pike, East Norriton, Pennsylvania
• Market: East Norriton, Pennsylvania

JLL Capital Markets facilitated the sale of Dekalb Plaza. The brokers involved in the transaction were Chris Munley, James Galbally, Colin Behr, and James Graf from JLL. Peter Abrams represented Abrams Realty & Development as the buyer, while Michael Jacoby represented Broad Street Realty as the seller.