HAMBURG, PENNSYLVANIA, May 19, 2021 – Colliers is pleased to announce the investment sale of a 37,840 square foot grocery anchored shopping center at 552 State Street. Scott Horner, Vice President and Derek Zerfass, Senior Vice President of Colliers successfully brokered the transaction, representing both buyer Sar and Company and seller Linda King.
The asset is anchored and corporately guaranteed by Weis Markets, a Pennsylvania based regional supermarket chain with over 200 locations throughout the Midatlantic region.
“Notably the property had been on the market for over a year prior to listing with Colliers. We are proud of our team’s ability to deliver demand – not only did we source multiple buyers immediately we were able to secure backup buyers to allow the team to successfully conclude the sale at the desired asking rate.” noted Horner.
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