DRA Advisors LLC & KPR Centers Acquire Retail Property In Halifax, PA For $5.5M

The retail property located at 3761-3777 Peters Mtn. Rd in Halifax, PA has been sold in a transaction that closed on December 26, 2022. The property spans approximately 51,510 square feet and was sold for a total price of $5,500,000, resulting in an average price per square foot of $107.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: $5,500,000
• Address: 3761-3777 Peters Mtn. Rd, Halifax, PA
• Market: Halifax, PA
• Buyer: DRA Advisors LLC & KPR Centers
• Seller: Cedar Realty Trust
• Square Footage: 51,510
• Price per Square Foot: $107

DRA Advisors LLC & KPR Centers represented the buyer in this transaction, while Cedar Realty Trust acted as the seller's representative. The sale of this retail property demonstrates the investment activity in Halifax, PA, and highlights the involvement of these key individuals and companies in the deal.