Friday, June 10, 2011

McKeown’s Plaza Trades for $5.3 Million

"Klokova, Inc. purchased the property known as McKeown’s Plaza in Philadelphia, PA for $5.3 million, or about $181 per square foot. The properties are located at 6800 Rising Sun Ave. The center was fully occupied at the time of sale with both long and short term tenants.

McKeown’s Plaza is made up of three separate buildings. The strip center is occupied by Sherwin-Williams and Dollar Discount, Wawa occupies the outparcel, and the additional building behind the strip center is occupied by Enterprise Car Rentals. The property totals just about 30,000 square feet and sits on 3.2 acres."

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