Phoenixville Shopping Center: Closed $7.35M

PHOENIXVILLE, Pa., November 21, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the $7,350,000 sale of Phoenixville Shopping Center, a multi-tenant retail property in Phoenixville, Pennsylvania.

“This closing highlights the strength of essential-service tenants, 100% occupancy, and strong tenant performance,” Scott Woodard, Senior Director Investments in Marcus & Millichap’s Philadelphia office. “Phoenixville’s expected population growth and proximity to major anchors, such as ACME, made this center a standout asset with long-term stability. I appreciated the professionalism and responsiveness from everyone throughout this deal; it was a pleasure working with all parties,” added Woodard.

Woodard and Derrick Dougherty, senior managing director of investments, represented the seller, a private investor based in Pennsylvania.

The shopping center is at 785 Starr St., situated on 3.77 acres. Built in 2007, the 33,093-square-foot property is fully occupied and shadow-anchored by a corporately owned ACME. Other tenants include Fresenius Kidney Care, Labcorp, NovaCare Rehabilitation, State Farm, Benchmark Federal Credit Union, Habitat for Humanity ReStore, and a mix of local service and retail operators.

Positioned along Starr Street near Nutt Road, the center is surrounded by new residential development and is less than a mile from Phoenixville Hospital and downtown Phoenixville.

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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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 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.