FAMECO NEGOTIATES SALE OF KMART PLAZA
IN EPHRATA, PA.

    PLYMOUTH MEETING, PA.--Fameco Real Estate has negotiated the sale of the 100,000 s.f. Kmart Plaza located at Route 272 and Rothsville Road in Ephrata, Pa. It was announced by John Fasciano, a principal of the retail real estate firm which is based in Plymouth Meeting, Pa.  The purchase price was not disclosed. Fasciano said Fameco acted on behalf of both the buyer and seller of the center, which is anchored by Kmart and Fulton Bank.   The center was sold by Jeffrey Epstein and purchased by a private New York investor.  Fameco's Ron Cappello, who negotiated the sale, said it is a good location for K-Mart, with the upside of an additional 1.4 acre pad that may be developed at the center.

    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 64 shopping centers and retail properties totaling 12 million square feet in the tri-state area, manages more 6.6 million s.f. of retail space nationwide, and exclusively represents more than 55 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.    

Jul 14 , 2006