Wednesday, December 15, 2010

Richland Plaza in Quakertown Has New Ownership

"APS Associates, LLC. has acquired Richland Plaza, located at 751 S. West End Blvd. in Quakertown, PA. The 206,575-square-foot property was sold for $13.475 million, or $65 per square foot.

Richland Plaza was built in 1975 on 18.5 acres, and was renovated in 1997. Ollie’s Bargain Outlet and CVS anchor the shopping center, which was 100 percent leased at the time of sale."

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