SHAUN LYONS RECOGNIZED FOR PROVEN PERFORMANCE IN GREATER PHILADELPHIA MARKET
Philadelphia Business Journal
January, 9, 2009

Our congratulations to Shaun Lyons for his contributions to the greater Philadelphia marketplace that have made him a top “40 Under 40.”

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RITTENHOUSE SQUARE KEEPS ON THRIVING
The Philadelphia Inquirer
May, 4, 2008

Philadelphia's Rittenhouse Square may conjure many images: A "mini-Central Park," a pricey sliver of green heaven in the city, a luxury shopper's paradise.

These days, a slowdown in the economy across the region and nation may reinforce another image of the square's place in Philadelphia: economic oasis.

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KIMCO BUYS 1805 WALNUT FOR $25M

UPDATE: The 8-story building at 1805-09 Walnut St. on Rittenhouse Square has changed hands for $25.5 million, says Shaun Lyons, president of Precision Property Group LLC, who represented the buyer, a unit of Kimco Realty Corp., New York.

ARC Wheeler, which is building the Ten Rittenhouse Square tower behind the property (and which just cancelled a taller Baltimore tower), sold 1805, which houses a Barnes & Noble bookstore on its three lower floors. ARC Wheeler was represented by Ken Mallin and Josh Nadel of Mallin Panchelli Nadel Realty.

Kimco plans to put 10 condos on the top floors, plus a spa. Kimco has transferred the bookstore lease to Pearl Properties, with Lyons representing both sides of that transaction. Philadelphia-based Pearl is a partnership owned by investors Jim Pearlstein and Reed Slogoff.

PRECISION REPRESENTS PREMIER MEDICAL AT OAKS MEDICAL CENTER

Oaks Medical Building, located at Building 450 in the Oaks Corporate Center, adjacent to the Oaks exit of Route 422 across from Target, is pleased to announce the opening of its newest tenant, Premier Immediate Medical Care. Operating 12 hours a day, seven days a week, Premier closes a critical gap in the 422 corridor for affordable, accessible and patient-friendly urgent medical care.

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PRECISION REALTY GROUP
By Jim Jannotti
(Route 422 Business Advisor, January 2007 Issue)

When Steve Jeffries of Precision Realty Group steps out of his car for a photo shoot at the Gateway Commons site in Pottstown, he is already on the phone. So is his fellow principal Shaun Lyons. "We ought to get a picture of the two of them like that," says Precision's Vice President David M. Brown. Such a picture would typify the constant contact with clients that the company strives for. Later, Mr. Brown describes Precision Realty Group's aggressive pursuit of the market. "We're always out in the field. We want to be out there meeting new people every day."

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LUXURY COMES STANDARD AT 1401 WALNUT APARTMENTS

One look at the perk package at 1401 Walnut, and you know exactly what type of apartment building it is. Gift certificates to Tiffany and Co., Nicole Miller, Ralph Lauren, Palm and Williams Sonoma and a one-year membership to the Sporting Club at the Bellevue could only be offered by a residence that prides itself on its elegant, upscale style.

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The Wolfington Cos. Sells Douglassville Strip Center
Mannino Bros. Partnership Acquires Benjamin Franklin Court
(CoStar News, December 2006)

The Mannino Brothers Partnership purchased Benjamin Franklin Court at 1139 W. Benjamin Franklin Highway in Douglassville, PA from the Wolfington Companies. The strip center sold for $ 5.45 million, or about $218.00 per square foot.

Constructed in 2005, the site consists of 25,000 square feet of retail space that is 100% occupied. Tenants include: Super Cuts, Happy Wok, Domino’s Pizza, Apple Basket, Premier Medical Care, A Taste of Little Italy, Flowers of Eden, Douglassville Cleaners, and Impression Nails Salon.

Bob Agentis of Agentis Real Estate represented the Mannino Brothers Partnership. Steve Jeffries and Shaun M. Lyons handled the deal for the Wolfington Companies.