FAMECO NEGOTIATES THE SALE OF

SHOPPES AT ABSECON IN N.J.

         ABSECON, N.J.-- Fameco Real Estate represented a private investor in the sale of The Shoppes at Absecon to ANAMAR, Inc. and 5490 Associates, LP, it was announced by Brandon Famous, CEO and founder of the retail real estate firm based in Plymouth Meeting, Pa.

    Fameco's Dan Shabel acted on behalf of the owner in the sale of the 7,200 s.f. center at the intersection of Route 9 and Haddon Avenue in Absecon, N.J. Fully leased, the center's tenants include PNC Bank, Philly Soft Pretzel Factory and 5 Guys Burgers.  The center was sold for a 7.1% cap rate.

     Fameco is the Delaware Valley's foremost real estate firm in the retail sector.  Fameco specializes in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey, Delaware and beyond.

        The firm is the exclusive representative for 90 shopping centers and retail properties totaling 17 million square feet in the tri-state area, manages 9 million s.f. of retail space and exclusively represents more than 75 retailers expanding in the Delaware Valley.   Fameco's Investment Sales Team has completed transactions in excess of $1 billion.

        Fameco is the ChainLinks member shareholder in the Delaware Valley. ChainLinks is the nation's largest retail-only real estate provider with 62 regional brokerage firms in the U.S. and Canada. 

December 7 , 2007