FAMECO REPRESENTS BUYER IN PURCHASE OF 5.5 ACRES FOR RETAIL SITE IN LIONVILLE, PA.

    PLYMOUTH MEETING, PA.-- Fameco Real Estate negotiated the purchase of 5.5 acres from Wawa, Inc. in Lionville, Pa. on behalf of Rosedon Holdings, it was announced by Brandon Famous, CEO and founder of the retail real estate firm based in Plymouth Meeting, Pa.  The purchase price was not disclosed.

    According to Fameco's Dave Vitali, who represented Rosedon in the transaction, the former Regal Theater site at the intersection of Route 113 and Eagleview Blvd. will be developed into three pads to be occupied by a casual dining concept, fast food restaurant, and a bank or pharmacy.  Fameco has been retained as the leasing agent. 

    Vitali noted that Lionville is a popular suburban area of Chester County with high income and high growth, including an estimated 4,000-5,000 new housing starts.

    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 18 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. Chain Links is the nation's largest retail-only real estate provider with 62 regional brokerage firms in the U.S. and Canada.  

January 4 , 2008