Posts Tagged: Quartermaster Plaza

Quartermaster Plaza Back on Market After a Year

Quartermaster Plaza on the market again

A year after buying the Quartermaster Plaza shopping center in South Philadelphia, a joint venture of New York firms DRA Advisors and KRP Centers are looking to sell the property in a deal that could fetch more than $100 million. DRA Advisors and KRP Centers bought the 456,208-square-foot shopping center last year as part of a 33-property… Read more »

Quartermaster Plaza in South Philadelphia sells to New York Joint Venture

The Quartermaster Plaza in South Philadelphia has been sold to a joint venture of two New York firms for $100.1 million as part of a larger portfolio acquisition.  Property records show DRA Advisors acquired the 456,000-square-foot shopping center from Massapequa, New York-based Cedar Realty Trust. The latter purchased the property in 2014 from Cleveland-based Forest City Ratner… Read more »