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APS Purchase & Relocation

The Plaza On Center Square Sold For $1.1 Million
By Sally Hamandi
June 13, 2002 | 8:36 P.M.

APS Realty Associates closed the purchase of The Plaza on Center Square. The building is located at 6 South Third St. and is part of Center Square Park in Easton, PA. The 5-story, 44,220-square-foot building was built in 1965. First Union National bank is the anchor tenant and also serves as the property manager for the building. APS Realty Associates acquired the facility from R.W. Investment LP for $1.1 million, which amounts to $24.87 per-square-foot. The purchaser will be utilizing office space at the Plaza, as it will relocate from 260 Great Valley Parkway in Malvern, PA. Barbara Falcone of Summit Management and Realty Company represented both sides of the transaction.

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