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National  + Pennsylvania  + Retail  | 

PA-Based Franklin Marketplace Trades Hands for $26M

PAG Investments acquired the 223,434-square-foot Franklin Marketplace from Benbrooke Realty Investment Co. The North Jersey buyer paid $25.8 million for the Philadelphia, PA property, which is 88.6% occupied. Chris Munley, Jose Cruz and Michael DiCosimo of HFF brokered the transaction.

The retail center is situated on 18.4 acres at 101-105 Franklin Mills Blvd. in northeast Philadelphia. Tenants include Kaplan, Big Lots, Dollar Tree, Retro Fitness, Harbor Freight Tools and Citizens Bank.

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Read More at Philadelphia Business JournalConnect with HFF's Philadelphia OfficeConnect with Benbrooke Realty Investment

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

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