WEST CHESTER, PA—KarMar Realty Group has sold five properties totaling 13,563 square feet for more than $2 million. Two of the properties are in Media, two are in Chadds Ford and one is in Upland, PA.
“After a very successful 2014, KarMar is off to an excellent start in the first quarter of 2015,” says Justin M. Soss, executive vice president and COO of KarMar Realty Group. “In addition to these five sales, we have consummated some significant lease deals, acquired a number of quality listings, and have a steady stream of noteworthy projects in the pipeline. It is clear that the commercial real estate market is continuing to gain momentum.”
The five properties sold are:
- Media: two-story, 3,000 square foot office building at 10 Beatty Road and a prime commercial corner at 120 East Baltimore Avenue.
- Chadds Ford: 258 and 262 Wilmington Pike, includes two buildings containing a total of 5,663 square feet of office and retail space.
- Upland: The property known as The Upland Diner is an investment property with a long-term, triple net lease in place
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
