DANVILLE PLAZA SOLD

    DANVILLE, PA.--Fameco Real Estate represented both the seller and buyer of Danville Plaza, a 24,052 s.f. shopping center in Danville, Pa., it was announced by Brandon Famous, CEO and founder of the retail real estate firm based in Plymouth Meeting, Pa.   

    Fameco’s Ron Cappello who exclusively represented the seller, Centro Watt, Plymouth Meeting, PA and procured the buyer, Danpenn,LP, Millburn, NJ said, “this CVS-anchored center is a well positioned asset with a strong credit tenant. It sold for just under $3 million.” 

  The Delaware Valley's foremost real estate firm in the retail sector, Fameco Real Estate 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 80 shopping centers and retail properties totaling 13 million square feet in the tri-state area, manages 7.2 million s.f. of retail space nationwide, 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. The nation's largest retail-only real estate provider, ChainLinks encompasses 62 regional brokerage firms in the U.S. and Canada.     

Feb 9 , 2007