Login

PAG Investments Acquires Franklin Marketplace

Northeast Philadelphia Power Center Sold for $25.8M
By Daniel Kunimoto
August 24, 2016 | 4:59 P.M.

PAG Investments acquired the Franklin Marketplace power center in Northeast Philadelphia from Benbrooke Realty Investment Company for $25.78 million, or about $112 per square foot. The two-building retail property delivered its first building in 1989 and its second in 1995. It is situated at 101 - 199 Franklin Mills Blvd., just west of Philadelphia Mills. Franklin Marketplace totals 230,966 square feet and is anchored by Big Lots, Dollar Tree, and Dave and Buster’s, according to CoStar information.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In