Retail real estate investment trust PREIT sold the Whole Foods store at 500 W Germantown Pike next to the Plymouth Meeting Mall for $27 million as part of its capital-raising initiative. The seller plans to use proceeds from the sale to reduce debt and improve its balance sheet.
PREIT Sells Whole Foods Store Next to Plymouth Meeting Mall
JLL Capital Markets Arranges Sale of Retail Property to Michigan-Based Agree Capital Corp.
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IN THIS ARTICLE
- Properties
- Whole Foods Market
500 Germantown Pike, Plymouth Meeting, PA