Wednesday, February 17, 2010

Sixth Avenue Electronics Buys Montgomery Commons

"Sixth Avenue Electronics Inc. acquired the Montgomeryville Commons in Montgomeryville, PA, from Blank Aschkenasy Properties for $3.95 million, or $113 per square foot.

The 35,000-square-foot retail building was built in 1980 in the Fort Washington/Spring House submarket. Sixth Avenue Electronics has been a tenant in the property for approximately seven months, occupying 23,500 square feet. Petco leases the remainder of the space."

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