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.
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