Fameco Real Estate, Plymouth Meeting, has taken over as leasing rep for 800,000 square feet of space on five blocks of 69th Street in Upper Darby, replacing owner Askenazy Acquisitions, New York, in the work of luring businesses that cater to the 10 million commuters who change trains, buses and trolleys at the neighboring Septa terminal.
Once the western suburbs' premier shopping district, the strip, now anchored by a Sears and a Marshall's, has long been eclipsed by suburban Delaware County malls. Fameco's Jay Miller is working to fill vacancies in second-floor and smaller retail properties, including health-professional offices and for-profit schools for adults.
They aren't planning a big overhaul. "It’s about building off the density and the foot traffic that’s in the area," said Miller. "We're trying to complement the retail that’s in place today." Among the tenants Fameco says it's landed: a 42,000 square foot campus of the Harris School of Business, over the Conway department store at Ludlow St. "They'll have 800 students when it's up and running," said Miller. "We see that as an anchor that will draw business throughout the center."
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