Cohen closes mall sale.Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. and Company, Inc. Real Estate announced the sale of Ashbridge Square, a 360,000 s/ f regional shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into d in Downingtown, Pennsylvania Downingtown is a borough in Chester County, Pennsylvania, 33 miles (53 km) west of Philadelphia. Downingtown has been in existence since the early 1700s and boasts a number of historic buildings and structures. . Vera Thomas, Senior Managing Director of CCIRE represented the seller, a developer who built the property in 2000. Phyllis Bosworth, Managing Director of CCIRE, represented the Purchaser, a limited partnership. Ashbridge Square is anchored by a free-standing 145,485 s/f Home Depot, a 46,726 s/f Croppers Market, whose parent company is AWI AWI Armstrong World Industries, Inc (Lancaster, PA) AWI Australian Wool Innovation Limited AWI Agency for Workforce Innovation (Florida) AWI Animal Welfare Institute AWI American War of Independence . Other tenants include Levitz Furniture and Staples. "Ashbridge Square is an excellent investment opportunity to purchase a retail property that is 100% leased in an upper middle-class suburb of Philadelphia", said Bosworth. "Both the buyer and seller are real estate professionals and overcame many hurdles in order to close in a timely fashion", said Thomas. |
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