New owner paid $33M for Home Depot Plaza in U. Darby

Friday, January 29, 2016

New owner paid $33M for Home Depot Plaza in U. Darby

The purchase price in last month's sale of Home Depot Plaza in Upper Darby Township was $33 million, Metro Commercial Real Estate said Wednesday.

Metro Commercial said it represented the shopping center's previous owner, Mainard Inc., in the transaction, which closed Dec. 15.

New York Life Insurance Co. announced last month that an affiliate, New York Life Real Estate Investors, had bought the 299,634-square-foot shopping center at Baltimore Pike and Bishop Avenue.

Source: Philly.com

No comments:

Post a Comment

Disclaimer:

The materials available at this website are for informational purposes only, not for the purpose of providing legal advice, and should not be relied on as legal advice. Because the law is a dynamic field, often varying from state to state, you should contact your attorney to obtain advice with respect to any particular legal issue or problem. No reader should act, or refrain from acting, based on any information on this website.

Do not send us confidential or sensitive information without express authorization from Gregory Management & Consulting Services (GMCS). The act of sending electronic mail will not impose any obligation on this firm or its management. Moreover, please be advised that we cannot guarantee that anything sent via e-mail will not be intercepted by others for whom the e-mail was not intended.

This website makes no representations or warranties regarding the suitability for any purpose of the material presented on this web site, and it is not responsible for and makes no representations whatsoever about the contents, completeness, or accuracy of any information provided on any other web sites that are accessible through our web site.