Cedar Realty Acquires Lawndale Plaza for $24.5 Million

Philadelphia — Lawndale Plaza is located in the Lawndale submarket in northeast Philadelphia.

Cedar Realty Trust Inc. has purchased Lawndale Plaza in Philadelphia for $24.5 million. The 93,000-square-foot, 100 percent leased, grocery-anchored neighborhood shopping center is anchored by a ShopRite. Lawndale Plaza is located in the Lawndale submarket in northeast Philadelphia. After completing this acquisition, Cedar's Philadelphia portfolio consists of six assets, totaling 1.4 million square feet. 

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