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Colliers Weitzman Concludes Sale of Mercedes-Benz Property of West Chester

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WEST CHESTER, PA  May 5, 2021 – Rich Weitzman, a Senior Vice President with Colliers, recently arranged the sale of the Mercedes-Benz of West Chester property in West Chester, Pennsylvania.

The modern auto dealership facility of 120,000 square feet sits on 10 acres along Route 202 in West Chester. The purchaser was Piazza Auto Group. The Seller was Capital Automotive of McLean, Virginia, a private real estate investment trust.


For more information, contact:  
Rich.Weitzman@colliers.com  | +1 215 928 7551


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About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates), with $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and people. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn

 

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Rich Weitzman

Senior Vice President | Philadelphia

Philadelphia

Rich joined Colliers International in 2011. He has 23 years of retail real estate brokerage and development experience with significant automotive project specialization. His responsibilities include marketing, strategy implementation, coordination and review of market research with a special emphasis on financial analysis and leading lease review/negotiations. His well-developed technical knowledge of the real estate process gives him a broad understanding of the important principles that must be incorporated into a transaction.

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