franklin marketplace

August 30, 2016 Comments Off on PA-Based Franklin Marketplace Trades Hands for $26M Views: 383 National News, Northeast, Pennsylvania

PA-Based Franklin Marketplace Trades Hands for $26M

PAG Investments acquired the 223,434-square-foot Franklin Marketplace from Benbrooke Realty Investment Co. The North Jersey buyer paid $25.8 million for the Philadelphia, PA property, which is 88.6% occupied. Chris Munley, Jose Cruz and Michael DiCosimo of HFF brokered the transaction.

The retail center is situated on 18.4 acres at 101-105 Franklin Mills Blvd. in northeast Philadelphia. Tenants include Kaplan, Big Lots, Dollar Tree, Retro Fitness, Harbor Freight Tools and Citizens Bank.

Read More at Philadelphia Business Journal

Connect with HFF’s Philadelphia Office

Connect with Benbrooke Realty Investment

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