Alliance Bank Relies on Equity Retail Brokers for Disposition Assignment.

Ed Ginn of Equity Retail Brokers recently represented Alliance Bank in the sale of an office/retail property at 3605 Edgmont Avenue in Brookhaven, Delaware County, PA. The property is comprised of two separate buildings totaling approximately 8,856 SF. The site is approximately 1.03 acres and has frontage on Edgmont Avenue of approximately 115’. Equity represented the Seller, Alliance Bank, and worked directly with Kathy Lynch, Senior Vice President, on the day-to-day details of completing the deal. Ronald A. Casey of Capital Commercial Real Estate Group represented the buyer in the transaction. The buyer is an end-user that intends to occupy a portion of the property and lease out the remaining space. The deal closed on April 11, 2011.

Alliance Bank is a community based financial institution in its 73rd year of continuous operation serving the Philadelphia Metropolitan area through nine (9) full service offices. The bank is headquartered at 541 Lawrence Road in Broomall, PA and regularly receives top ratings for financial strength. Branch offices are located in Upper Darby, Secane, Newtown Square, Lansdowne, Havertown, Springfield, Concordville and Paoli. The bank participates in various loan programs and seeks opportunities to invest in the people, organizations and small businesses in the communities they serve.