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940 Haverford Road
Bryn Mawr, PA 19010
T 610-552-6000
F 610-552-6001
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WP Realty sells Devon Village

Devon Village, Devon, PA

Bryn Mawr, PA – June 15, 2012 – WP Realty is pleased to announce the sale of Devon Village located in Devon, PA to a subsidiary of Kimco Realty Corporation.

Devon Village is an 89,000 square foot shopping center anchored by a newly expanded and renovated Whole Foods strategically located in the heart of Devon, Pennsylvania in Philadelphia’s affluent “Main Line” western suburbs. The center is situated on Lancaster Avenue (US Route 30), a busy retail corridor and popular shopping destination.

WP Realty purchased Devon Village in September 2009. Since then, WP Realty has utilized its strong relationships and expertise in leasing, development and management to solidify all tenancies and expand the center by 20,000 square feet. In addition to orchestrating a lease amendment with Whole Foods whereby Whole Foods expanded the size of their store and extended their lease, WP Realty successfully leased the expansion space to a strong mix of national, regional, and local tenants including AAA Mid Atlantic, Beneficial Bank, Starbucks, Devon Nails and Spa, and Avero. WP Realty was also instrumental in the relocation and expansion of both Wine & Liquors and Prestige Salon.

WP Realty is a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, The principals of WP Realty have extensive expertise in leasing and entrepreneurial management and turning underperforming centers around.

Please contact WP Realty at 940 Haverford Road, Bryn Mawr, PA 19010 (610) 552-6000, fax (610) 552-6001 or for additional information visit our website at www.wprealty.com.