SOLD
Abrams Realty & Development Acquires Dekalb Plaza Retail Center In East Norriton, Pennsylvania For $23.1M
2640-2714 Dekalb Pike
Retail
178,356 SF
178,356 SF
Sold 276 days ago
Summary
Sale
PENNSYLVANIA
Retail
178,356 sqft
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.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: James Galbally, Chris Munley, Colin Behr, James Graf & Michael Jacoby
DATE: 07/31/2023
ADDRESS: 2640-2714 Dekalb Pike
MARKET: East Norriton, Pennsylvania
ASSET TYPE: Retail
BUYER: Abrams Realty & Development (@Abrams_Realty_Development) - Peter Abrams
SELLER: Broad Street Realty (@BroadStreetCRE) - Michael Jacoby
BROKERS: Chris Munley, James Galbally, Colin Behr & James Graf - JLL (@JLL)
SALE PRICE: $23,100,000
SF: 178,356 ~ PPSF: $130
NOTE: JLL Capital Markets closed the $23.1 million sale of Dekalb Plaza, a 178,356 sq-ft retail center in East Norriton, Pennsylvania. Abrams Realty & Development acquired the property from Broad Street Realty, with notable tenants including Chick-fil-A and Goodwill.View on map
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Address2640-2714 Dekalb Pike
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