Ocean State Job Lot Acquires Retail Asset From Klein Group In Fairless Hills For $23.6M

The property asset involved in this transaction is a retail property located at 500 Lincoln Highway in Fairless Hills, PA. The asset encompasses a total of 190,001 square feet and was sold for $23,600,000.00.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $23,600,000.00
• Address: 500 Lincoln Highway
• Market: Fairless Hills, PA
• Units: 190,001
• Buyer: Ocean State Job Lot
• Seller: Klein Group

The transaction was executed on the date of 02/21/2025, reflecting the commitment of the involved parties to facilitate this sale. Ocean State Job Lot acted as the buyer while Klein Group was the seller in this deal.