Mid Atlantic Real Estate Journal — Financial Digest — November 8 - 21, 2013 — B
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L ender ’ s D irectory Also completed $2.375 million sale of 1421 Wilmington Pike in Chadds Ford, PA Yangello of Capital Commercial Real Estate Group finalizes General Sales Co. $6.05 million sale W est Chester, PA — Capi tal C o m m e r c i a l
Real Estate Group an- nouncedthat the company has complet- ed the $6.02 million sale o f 1 2 6 5 Wilmington Pike, Rug-
Chris Yangello
geri Cadillac Dealership, in West Chester, PA. Ruggeri Cadillac continues to operate in the space they leased dur- ing the previous 12 years. Chris Yangello had the listing to market the prop- erty and represented both the seller and buyer in this transaction. The property consists of a 16,000 s/f show- room on 6.5 acres of land. 1265 Wilmington Pike is a prime location for a car dealership in West Ches- ter, PA. Ruggeri Cadillac is located near Otto’s BMW, Piazza Acura of West Ches- ter, Piazza Mazda of West Chester, Mercedes-Benz of West Chester, and Scott Honda. More dealerships are nearby. Yangello is the broker of re- cord and senior investment advisor for Capital Commer- cial Real Estate Group. He has been an assertive figure in the industry for twenty- seven years. In a second transaction, Capital Commercial Real Estate Group has complet- ed the $2.375 million sale of 1421 Wilmington Pike in Chadds Ford. The prior owner was 1421, LP. The purchaser, Romill Associ- ates, L.P., plans to develop the 4.03 acres of property as into an auto dealership. Yangello had the listing to market the property and rep- resented both the seller and buyer in this transaction. Previously, 1421WP, LP op- erated Antonio’s Restaurant and Motel on the property. The property was on the market for six months. 1421 Wilmington Pike of- fers excellent potential as a car dealership in Chadds Ford, PA. Located close to the property are Otto’s BMW, Ruggeri Cadillac, Piazza Acura of West Chester, Pi- azza Mazda of West Chester, Mercedes-Benz ofWest Ches- ter, and Scott Honda. n
1265 Wilmington Pike
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