SPERRY VAN NESS BROKERS SALE OF ERIE PLAZA

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PHILADELPHIA — Media, Pa.-based Sperry Van Ness/Location333 Realty (SVN) has brokered the sale of Erie Plaza, a 34,422-square-foot retail center located at 1240 E. Erie Ave. in Philadelphia, for $3.46 million. The property is currently 100 percent occupied by a tenant roster that includes Pa Liquor Store, City Thrift Store, a Chinese restaurant and a Mensic group. Mark Berk of SVN represented the seller, Erie Plaza Partners. The property was acquired by a New Jersey-based private investor.

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