MACUNGIE, PA-The first phase of a planned three-building, 1.2-million-sf Macungie Crossings is expected to break ground on the spec 400,000-sf facility.
CHAMPION, PA-The Dupre family, which has owned and operated the four-season resort since 1932, sells it to the owners and operators of Ogden Newspapers.
PHILADELPHIA-Following its acquisition by GameStop, Electronics Boutique disposed of a 314,521-sf distribution facility in Sadsbury and a 142,000-sf office/warehouse in West Chester. Prior to closing the sale, BPG leased the larger facility.
HORSHAM, PA-As the New Jersey firm exits the Philadelphia suburbs, Glendale, CA-based American Realty Advisors enters by acquiring the 115,850-sf. The fully leased office building trades for $22 million.
TREXLERTOWN, PA-The REIT buys 241,625-sf Trexlertown Plaza and 31 developable acres. This property is adjacent to Trexlertown Mall, which it acquired, along with 29 acres, in December.
PITTSBURGH-On the belief it's a seller's market, Costa Land Co. puts Robinson Crossroads, Plaza at the Pointe and Roomful Express up for sale. The properties aggregate 347,386 sf and are 100% leased.