Wafra Inc Acquires Retail Property In Montgomeryville, Philadelphia For $82.4M

801 Bethlehem Pike in Montgomeryville, Philadelphia was recently sold in a transaction facilitated by JLL Capital Markets. The retail property, spanning 298,719 square feet, was sold for a price of $82,400,000. The sale was completed on 09/21/2022.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $82,400,000
• Address: 801 Bethlehem Pike, Montgomeryville, Philadelphia
• Square Footage: 298,719
• Market: Montgomeryville, Philadelphia

Wafra Inc acquired the property from the Los Angeles County Employees Retirement Association. Jim Galbally and Christopher Munley from JLL Capital Markets represented the buyer and seller in the transaction.