<\/p>\n
Allentown, PA Institutional Property Advisors (IPA), a division of Marcus & Millichap<\/a> has been named the exclusive listing of Allen Street Shopping Center, a 46,228 s\/f grocery outlet-anchored neighborhood center.<\/p>\n \u201cConstructed in the 1960s, Allen Street has served the Allentown community for decades,\u201d said Dean Zang, IPA executive managing director investments. \u201cThis is a proven grocery location that has been home to a number of brands over a few decades.\u201d Zang and David Crotts, in association with Timothy Stephenson, Jr., Marcus & Millichap<\/a>\u2019s broker of record in Pennsylvania, are representing the seller. \u201cThe average tenancy of the center is 17 years, a testament to the seasoning of this institutionally owned asset,\u201d said Crotts.<\/p>\n In addition to Grocery Outlet, Family Dollar, and Bank of America, Allen Street is 93% occupied by tenants such as Metro by T-Mobile, Little Caesar\u2019s Pizza, Flaming Crab Express, and Family Financial Centers.<\/p>\n","protected":false},"excerpt":{"rendered":"Allentown, PA Institutional Property Advisors (IPA), a division of Marcus & Millichap has been named the exclusive listing…\n","protected":false},"author":2,"featured_media":225956,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[119,121,120],"class_list":["post-225955","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allentown","tag-allentown","tag-allentown-headlines","tag-allentown-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/225955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=225955"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/225955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/225956"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=225955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=225955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=225955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}