Shoppes-at-English-Village_North-Wales-Pa

CBRE Arranges Sale of 103,325-Square-Foot Retail Center Near Philadelphia

by Hayden Spiess

North Wales, Pa. — CBRE has arranged the sale of The Shoppes at English Village, a 103,325-square-foot retail center located in North Wales, approximately 25 miles outside Philadelphia. Trader Joe’s anchors the property, which was 95 percent leased at the time of sale. Other tenants at the center include LensCrafters, Athleta, CycleBar, Hallmark, Chopt and Talbots. Nuveen Real Estate acquired the property from Met Life Investment Management for an undisclosed price. Chris Munley, Colin Behr, Ryan Sciullo, Casey Benson Smith, RJ Mirabile and Michael Pascavis of CBRE represented the seller in the transaction. Adam Spengler and Tom Traynor of CBRE secured acquisition financing on behalf of the buyer. 

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