FAMECO NEGOTIATES TWO MAJOR LEASES TOTALING 83,000 SF AT

ASHBRIDGE SQUARE IN DOWNINGTOWN, PA.

   DOWNINGTOWN, PA.—Fameco Real Estate has negotiated a 46,720 s.f. lease for Best Buy and a 36,000 s.f. lease for Christmas Tree Shops at Ashbridge Square in Downingtown, PA., it was announced by Brandon Famous, CEO and founder of the retail real estate firm based in Plymouth Meeting, Pa.

Fameco’s Steve O’Malley represented Best Buy in that transaction, while the firm’s Adam Kohler represented Christmas Tree Shops.  Fameco’s Fred Younkin acted on behalf of Ashbridge Square. 

Located on Route 30, the 376,489 s.f. power center is anchored by Home Depot, Staples and JoAnn Fabrics.  Famous said three store opportunities remain available, ranging in size from 4,500 to 16,000 s.f.

Fameco Real Estate 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 10 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. 

February 29, 2008