PHILADELPHIA–October 11, 2018–Metro Commercial Real Estate, Inc. (Metro), one of the nation’s leading full-service, independent retail real-estate firms, is pleased to announce the opening of Carvana’s first retail location in the Delaware Valley. Located in the Fishtown neighborhood of Philadelphia, Carvana’s newest “Car Vending Machine” is adjacent to I-95 on Front Street, just south of Girard Avenue. The leasing team from Metro was led by Executive Vice President and Principal Michael Gorman and Vice President Stephen Carrozza.
“Being selected by Carvana to find the best location in Philadelphia, and the company’s first location in the Delaware Valley, was very exciting and we are proud to have been involved in such a forward-thinking project,” said Michael Gorman, executive vice president and principal at Metro Commercial. “Carvana’s newest Car Vending Machine will benefit from tremendous visibility on I-95; easy access from Delaware, Frankford, and Girard Avenues; and excellent exposure to the Penn Treaty entertainment complex featuring The Fillmore, PunchLine Comedy, Philadelphia Distilling, and Goose Island IPA.”
Carvana is a virtual change agent in how consumers buy pre-owned automobiles by offering both pickup and delivery service. Customers who visit Carvana.com can shop more than 10,000 vehicles, finance, purchase, and sell their current vehicle to Carvana in as little as 10 minutes. Those who choose Car Vending Machine pickup activate the vending process with an oversized coin. Philadelphia’s Car Vending Machine is now open Monday through Saturday from 9 a.m. to 7 p.m. and the service is free for all Carvana customers. This is the 14th Car Vending Machine location for the company.
Companies seeking brokerage services can contact James Savard at JSavard@metrocommercial.com or 856.222.3023.
About Metro Commercial Real Estate, Inc.
For nearly three decades, Metro Commercial has set the standard as one of the leading, full-service independent retail real-estate firms in the nation. Metro Commercial specializes in tenant and landlord representation, investment sales, property management and development services. We currently represent over 130 national retailers, serve as the exclusive leasing agent for more than 400 properties and manage over 6.5 million square feet of retail space. Fueled by local expertise and national capabilities, our team delivers the results our clients expect.
About Carvana (NYSE: CVNA)
Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA) mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 10,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana’s proprietary automated Car Vending Machines.
# # #