REBusinessOnline

SUMMIT COMPLETES SALE FOR NEW RETAIL DEVELOPMENT

BETHLEHEM, PA. — Allentown, Pa.-based Summit Management & Realty Co. has completed the sale of the former Kospiah’s Nursery located at 2897 Easton Ave. in Bethlehem. The undisclosed buyer plans to raze the building and construct a 20,000-square-foot neighborhood shopping center on the property. It will contain 12 stores, and the grand opening has been scheduled for October. Jennifer Gold of Summit negotiated the transaction between the buyer and the sellers, Marion and Barry Kospiah. The acquisition price was not disclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties