Plymouth Meeting, PA, August 29, 2016 – Rob Samtmann of Equity Retail Brokers recently represented Pep Boys in executing a 5,546 SF build to suit lease in Absecon, NJ.
The property is co-located with CVS and TD Bank on the heavily travelled White Horse Pike, surrounded by national retailers such as ShopRite, Wawa, McDonalds, Dunkin’ Donuts and more. The new Absecon location is currently open for business.
Pep Boys sells brand name and private label auto parts, and provides select services through some 800 stores in 35 states nationwide. Today the company operates more than 7,400 service bays for vehicle repairs, inspections, and parts installations. It also offers credit and parts delivery to commercial customers, such as repair shops, fleet operators, schools, and municipalities. The Pep Boys was founded in 1921 by Philadelphians Manny, Moe, and Jack. In 2016 Pep Boys was acquired by Icahn Enterprises Holdings L.P.
If you would like more information about this transaction or our tenant representation services, please contact Rob Samtmann at 484-417-2208, rsamtmann@equityretailbrokers.com.