JLL arranged sale on behalf of Brixmor Property Group, Inc.
JLL Capital Markets arranged the sale of Kline Plaza Shopping Center, a 214,628-square-foot shopping center in the heart of Harrisburg, Pa. Nassimi Realty LLC purchased the site from Brixmor Property Group Inc. JLL Managing Director Jim Galbally and Vice President Colin Behr led the team handling the sale along with Managing Director Bill Moylan and Senior Associate Nate Cleland.
The shopping plaza, located at S. 25th and Market Streets, is anchored by Giant Food Stores, Citi Trends and Family Dollar.
“The demand for grocery-anchored shopping centers remains extremely competitive throughout the region, and that was highlighted throughout this process, said Galbally. “Giant’s commitment to the shopping center was highlighted by its recent long term renewal.”
“Both Brixmor and Nassimi were great to work with throughout the process and integral to our success,” said Behr. “Both groups moved quickly towards a seamless closing. It was a pleasure working with them.”
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About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with operations in over 80 countries and a global workforce of 88,000 as of September 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
