Pennsylvania

Bensalem, Pa. — Hanley Investment Group Real Estate Advisors has arranged the $12.5 million sale of Bensalem Crossings, a 67,215-square-foot shopping center located in Bensalem, roughly 19 miles north of Philadelphia. Bensalem Crossings was fully leased at the time of sale and is anchored by ShopRite and CVS, which occupies 93 percent of the shopping center. Other tenants at the property include Verizon Wireless and a T-Mobile cell phone tower. Kevin Fryman, Bill Asher and Jeff Lefko of Hanley Investment, in association with ParaSell Inc., represented both the seller, Adler Realty …

Bridgeville, Penn. — San Diego based-The Niki Group has acquired The Crossings at South Fayette, a 38,203-square-foot shopping center located in the Pittsburgh suburb of Bridgeville, for $10.6 million. Situated off Interstate 79 at the intersection of Route 50 and Washington Pike, the property comprises a free-standing ALDI grocery store that anchors the center, as well as two multi-tenant outparcel strips. Tenants include Starbucks Coffee, Chipotle, Sola Salon Studios, Jimmy John’s, Elevation Medical Weight Loss, Brentwood Bank and Radiance at Fluhme. Dean Zang and David Crotts of Marcus & Millichap marketed …

Pottstown, Pa. — JLL Capital Markets has arranged the sale of Suburbia Shopping Center, a 154,219-square-foot retail property located in Pottstown, approximately 20 miles east of Reading. Originally built in 2003, the property spans 25.6 acres. GIANT grocery store anchors the center, which was 85 percent leased at the time of sale. Additional tenants at the center include Dollar Tree, Starbucks Coffee, UPS Store and Tower Health. Jim Galbally and Patrick Higgins of JLL Capital Markets Investment Sales and Advisory team represented the seller, Gambone Management Co., in the transaction. Powell …

Newtown and Bensalem, Pa. — Marcus & Millichap has brokered the sale of two retail centers in Pennsylvania totaling 122,365 square feet. The properties include Goodnoe’s Corner in Newtown and Village Center in Bensalem. Goodnoe’s Corner — originally built in 2008 — totals 34,660 square feet. Tenants at the property include AT&T Wireless, Madison Dental, Jule’s Thin Crust, Firstrust Bank, Apple Cleaners and Green Parrot Restaurant. Originally constructed in 1976 and renovated in 1999, Village Center is anchored by Acme Markets and comprises 87,705 square feet. Other tenants at the …