Cadillac of West Chester Goes to Mercedes-Benz for Expansion in Sale by Colliers' Rich Weitzman

2/1/21

Rich Weitzman

Rich Weitzman of Colliers has represented a private seller in the sale of a former Cadillac dealership along Route 202 (1546 – 1550 Wilmington Pike) in Chadds Ford, Pennsylvania.

The buyer, Mercedes-Benz of West Chester will utilize the 2.5 acre, 15,000 square foot facility for satellite sales and service in association with its primary location at 1260 Wilmington Pike, approximately 1.5 miles to the North along West Chester’s auto row.

Karmar Realty represented Mercedes-Benz in the transaction.

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Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliersor LinkedIn

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