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WP Realty acquires 35-37 Wynnewood Road

WP Realty, a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, is pleased to announce the acquisition of 35-37 Wynnewood Road in Wynnewood, Pennsylvania on May 12, 2008.

The property is a 5,600 square foot two-story commercial building that is located near the intersection of E. Wynnewood Road and Lancaster Avenue (Route 30). Lancaster Avenue is a heavily traveled thoroughfare that extends from Philadelphia in the east to Lancaster in the west, and is one of the dominant routes in the Main Line area. The “Main Line” is an affluent twenty mile stretch of historic towns from Merion to Paoli.

35-37 E. Wynnewood has excellent access and visibility in a busy retail location across from the Wynnewood Shopping Center; a 255,000 square foot center which is anchored by Bed Bath & Beyond, Genuardi’s and Borders. The property is fully occupied, and is currently leased to professionals including an allergist, dentist, publishing company and a chiropractic and rehabilitation center. It is within walking distance of the Wynnewood train station.