Wednesday, November 18, 2009

Pintzuk Brown Holdings Grabs Caln Plaza for $4.3M

Investor Group Purchases Fully Leased Shopping Center in Coatesville

Pintuk Brown Holdings acquired the Caln Plaza shopping center at 1847-1855 E. Lincoln Highway in Coatesville, PA, for $4.25 million, or about $75 per square foot.

The 57,400-square-foot retail center is located on approximately nine acres of land on the busy Business Route 30. Caln Plaza is currently 100 percent leased and is anchored by Amelia's Grocery Store, Family Dollar and Rent-A-Center.

-Michael Nylund

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