Franklin Mall

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as exclusive advisor for the sale of Franklin Mall, formerly known as Philadelphia Mills, (the “Property” or “Mall”), an exceptionally located, single-level super regional shopping center in Philadelphia, Pennsylvania. The Property is situated on approximately 170.37 acres, 137.23 of which are owned. Comprising approximately 1,604,934 square feet (“SF”) of gross leasable area (“GLA”), Franklin Mall offers an anchor line-up that is ideally suited for the trade area including Wal-Mart (non-owned, 179,868 SF), Sam’s Club (non-owned, 133,010 SF), Burlington (128,000 SF), Marshall’s (70,701 SF), Dave and Buster’s (60,268 SF) and two available boxes (100,200 SF and 68,174 SF). The Property’s infill location and highway access make it a strong candidate for redevelopment into a modern industrial facility. This potential is further supported by its “CA-2” zoning classification, which includes allowances for wholesale, distribution, and storage uses. This designation could provide a basis for an investor to pursue the development of up to 1.4 million square feet of new warehouse space. Located approximately 15 miles northeast of the Philadelphia CBD, Franklin Mall is prominently situated adjacent to PA-63 / Woodhaven Road (~64,705 VPD) and 1.5 miles from Interstate 95 (~128,225 VPD) which offer exceptional access from throughout the trade area.