$10M Sale of Retail Portfolio in Eastern Pennsylvania

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Douglassville, PA, September 30, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of a retail portfolio in Douglassville, Pennsylvania, for $10,027,169. "This was a first-generation sale on behalf of the family of the original developer of a site that has never previously been on the market,” said Colin Reder, Director Investments at Marcus & Millichap.

“The portfolio offered buyers a rare opportunity to acquire a dominant retail corner featuring a strong mix of single and multi-tenant assets, complemented by developable land with meaningful upside beyond the in-place income." Reder and Derrick Dougherty exclusively listed all six properties on behalf of the seller, the family of the original developer, and procured the buyer, a large Philadelphia-area company.

"It was a pleasure working with both the seller and the buyer on this portfolio, and their collaboration throughout the process made for a seamless closing," said Dougherty, Senior Managing Director Investments at Marcus & Millichap.

The 48,736-square-foot portfolio spans 12.73 acres and includes two strip-centers, three freestanding pads and a 1.98-acre development site. The strip centers are fully occupied, while Dollar Tree, Chase Bank, and Michael's Restaurant occupy the three freestanding properties. The properties are adjacent to one another, located at 180 Old Swede Road and 1179, 1191, 1205, and 1211 Ben Franklin Highway. Douglassville is in the Reading metropolitan area, approximately 40 miles from Philadelphia.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com