Roddy Inc. Represents AMERCO Real Estate Co. (an affiliate entity of U-Haul^®) in The Acquisition Of The Bristol Plaza Shopping Center

Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm, represented AMERCO Real Estate Co. in the acquisition of the 145,000 sq. ft. shopping center situated on 30.70 acres known as Bristol Plaza Shopping Center located at 2603 Durham Rd, Bristol, Bucks County, PA.

Frank Roddy, who handled the transaction on behalf of AMERCO, advised that the purchase price was $6,400,000 for the shopping center, which will be occupied, in part, by U-Haul^® Moving & Storage offering full-service moving truck rental, trailer rental & towing, u-box portable storage units and moving supplies as well as by Kar-Go Decal, a U-Haul® affiliate, who produce all of the decals placed on U-Haul® vehicles and equipment. Further, the existing tenants at the shopping center—including AutoZone, Primo Hoagies, Bristol Hair & Wig, Two Men & a Truck and Hong Kong Restaurant—will remain and additional tenants will be sought for the space that
U-Haul® will not be occupying.

The buyer, AMERCO Real Estate Co., provides real estate and development services to the U-Haul^® System.

The seller, Brixmor Property Group, Inc., is a real estate investment trust (REIT), headquartered in New York City, NY. Brixmor owns and operates the nation’s largest wholly owned portfolio of grocery-anchored community and neighborhood shopping centers, with more than 520 properties strategically located across 38 states.

Headquartered in Bensalem, Bucks County, PA, Roddy Inc. is a marketer, manager and developer of industrial and commercial real estate throughout Eastern Pennsylvania and Southern New Jersey. Their clients include regional, national and international companies and financial institutions. For information about the company, visit the corporate website www.roddyinc.com.

For further details, contact Francis T. Roddy at (215) 245-2600 or FAX (215) 245-2670.