(For more retail coverage, click GlobeSt.com/RETAIL.)
PHILADELPHIA-The Adams and Tabor neighborhood strip center at700 Adams Ave. in Northeast Philadelphia has been sold to a NewYork City private investor for just shy of $3.5 million, or about$137.76 per sf. It is currently 86% leased.
Kurt Rumley of Conshohocken-based Metro Commercial Real EstateInc., represented the seller, identified as Adams/Tabor LLC. Hetells GlobeSt.com the property is 30 years old. "It's a highlyvisible location in a burgeoning residential market and offers aconvenient location to shop and eat."
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