Dekalb Plaza Sells for $23.1M

Development buys Dekalb Plaza for $23.1 million

Abrams Realty & Development has added to its local holdings with the $23.1 million acquisition of the Dekalb Plaza, a 178,356-square-foot shopping center in East Norriton.

The seller was Bethesda, Maryland-based Broad Street Realty.

Dekalb Plaza shopping center is 98% leased and anchored by Urban Air and Big Lots. Goodwill, Chick-fil-A, Applebee’s, Sally Beauty and Celebree School are also tenants. Since 2020, Broad Street Realty executed 96,600 square feet of new leases, renewals and extensions.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.