Wednesday, March 6, 2013

Red Lion Plaza Sells for $31.4M

Onyx Equities LLC sold the 229,204-square-foot Red Lion Plaza to Spectrum Partners LLC for $31.4 million, or $137 per square foot. 

Located at 10090 Roosevelt Blvd. in Philadelphia, PA, the fully-leased shopping center sits on almost 19 acres in the Northeast Philadelphia submarket. The anchor tenants include Best Buy and Staples.

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