FAMECO NAMED ASSET MANAGER OF NORTHBAY COMMERCE CENTER IN TAMPA, FL.

      Plymouth Meeting , PA.--Fameco Real Estate has been selected as the asset manager for Northbay Commerce Center in Tampa, Florida, it was announced by Larry Zipf, Senior Vice President, Owner Services, of the retail real estate firm based in Plymouth Meeting, Pa.

    The 97,613 s.f. center is anchored by Publix and shadowed by a Lowe’s Home Center.  Among the national retail tenants are Starbucks, Pizza Hut, Cracker Barrel and Supercuts.    

    The center is owned by SCI Northbay Commerce Fund, LLC of Los Angeles, Ca., whose parent firm has selected Fameco to manage a real estate portfolio of retail properties valued in excess of $330 million in the west, south central, southeast and midwest U.S.

     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 64 shopping centers and retail properties  totaling 12 million square feet in the tri-state area, manages more than 5 million square feet of retail space and exclusively represents more than 50 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 60 regional brokerage firms in the U.S. and Canada.

Jun 30 , 2006