FAMECO NEGOTIATES SITE FOR NEW SOVEREIGN BANK BRANCH IN EXTON, PA.   

         EXTON, PA.--Fameco Real Estate represented the landlord, FNC, Inc. in a 3,500 s.f. long-term ground lease for Sovereign Bank at the intersection of Routes 30 and 100 in Exton, Pa., it was announced by Brandon Famous, CEO and founder of the retail real estate firm based in Plymouth Meeting, Pa.

         Fameco's Michael Horne, who brokered the Sovereign deal, said the firm is currently negotiating with a national furniture chain to redevelop the remainder of the site, formerly occupied by Frank's Nursery. 

     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 80 shopping centers and retail properties totaling 13 million square feet in the tri-state area, manages 8 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.      

Mar 2 , 2007