Pintzuk Brown Holdings Grabs Caln Plaza for $4.3M
Investor Group Purchases Fully Leased Shopping Center in Coatesville
November 18, 2009
Pintuk Brown Holdings acquired the Caln Plaza shopping center at 1847-1855 E. Lincoln Highway in Coatesville, PA, for $4.25 million, or about $75 per square foot.
The 57,400-square-foot retail center is located on approximately nine acres of land on the busy Business Route 30. Caln Plaza is currently 100 percent leased and is anchored by Amelia's Grocery Store, Family Dollar and Rent-A-Center.
Thomas Gorman and Matthew Gorman of Marcus & Millichap represented the seller, Metric Realty. The buyer was represented in-house by Daniel Henderson, R. Christopher Datz and Anthony Sembello.
Please refer to CoStar COMPS #1826793 for more information on this transaction.