SOLD
Kohan Retail Investment Group Acquires Retail Property In North Wales, Pennsylvania For $55M
230 Montgomery Mall
Retail
1,100,000 SF
1,100,000 SF
Sold 1 year ago
Summary
Sale
PENNSYLVANIA
Retail
1,100,000 sqft
230 Montgomery Mall, a retail property located in North Wales, Pennsylvania, was recently sold in a transaction valued at $55,000,000. The property spans an impressive 1,100,000 square feet and sits on 105 acres. The sale price equates to approximately $50 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $55,000,000
- Address: 230 Montgomery Mall
- Market: North Wales, Pennsylvania
- Size: 1,100,000 square feet
- Acreage: 105 acres
The property was purchased by Kohan Retail Investment Group from CMBS trust. The deal was facilitated by David Monahan, Jim Galbally, Chris Munley, Cameron Pittman, Colin Behr, and Akhil Patel of JLL Capital Markets.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Chris Munley, Colin Behr, Cameron Pittman, Jim Galbally & David Monahan
DATE: 12/06/2021
ADDRESS: 230 Montgomery Mall
MARKET: North Wales, Pennsylvania
ASSET TYPE: Retail ~ ACRES: 105
BUYER: Kohan Retail Investment Group
SELLER: CMBS trust
BROKERS: David Monahan, Jim Galbally, Chris Munley, Cameron Pittman, Colin Behr & Akhil Patel - JLL Capital Markets
SALE PRICE: $55,000,000
SF: 1,100,000 ~ PPSF: $50View on map
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Address230 Montgomery Mall
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