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CBRE Arranges Sales of CVS, Verizon Occupied Assets in Pennsylvania

Summary by Connect CRE
CBRE today announced the sale of six fully occupied, stand-alone retail properties in Pennsylvania and New Jersey for nearly $22 million. The most noteworthy of the transactions was the sale of two buildings occupied by Verizon and CVS located at 314-318 E. Lancaster Ave. in Wayne. 314-318 E Lancaster LLC acquired the assets from The Fogel Limited Partnership for $8.65 million. Matthew Gorman, Michael Shover, Thomas Finnegan, Robert Thompson and…
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Connect CRE broke the news in on Friday, December 12, 2025.
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