Allentown, Pa. — City Center Investment Corp. plans to open Downtown Allentown Market, a $4 million project in Allentown. The 12,000-square-foot retail space will be located within the City Center Allentown mixed-use development. The market will feature nine food and
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Philadelphia — JLL’s Capital Markets group has arranged an undisclosed amount of permanent financing on behalf of Alliance Partners HSP, which owns the leasehold interest in the SoNo commercial building in Philadelphia. Located at 456 N. Fifth St., the 186,000-square-foot
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Peckville, Pa. — Marcus & Millichap has brokered the sale of Peckville Shopping Center, a 62,506-square-foot retail property, located just outside Scranton in northern Pennsylvania. The sales price was $5.1 million. A 20,045-square-foot Planet Fitness anchors the center, which was
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Lancaster, Pa. — HFF has negotiated the sale of Chelsea Square, a 96,455-square-foot, grocery-anchored shopping center in Lancaster, located between Philadelphia and Harrisburg. Regional grocer Weis serves as the anchor tenant alongside Talbots, Jos. A. Bank, M&T, Domino’s Pizza and
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Exton, Pa. — JLL has negotiated the sale of a 55,000-square-foot retail property leased to Whole Foods Market in Exton, 50 miles west of Philadelphia. The freestanding building is located at the entrance of the Exton Square Mall near two
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Philadelphia — Michigan-based REIT Agree Realty Corp., has acquired the 11,500-square-foot flagship store of Wawa, a chain of gas stations and convenience stores serving the East Coast, for approximately $15 million. The store is situated within the 13-story Public Ledger
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King of Prussia, Pa. — German discount grocer Aldi will open a 19,230-square-foot store at the 119,000-square-foot King of Prussia Center, located 20 miles northwest of Philadelphia in Montgomery County. Jeffrey Cohen and Nelson Wax of CBRE represented the landlord,
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Williamsport, Pa. — HFF has arranged the sale of Loyal Plaza, a 293,607-square-foot retail center located in Williamsport, Pennsylvania.
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Bethlehem, Pa. — A joint venture between Onyx Equities and PCCP has acquired Westgate Mall, a 270,000-square-foot enclosed mall located in the Lehigh Valley community of Bethlehem.
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Philadelphia — CBRE has arranged the $10 million sale of Liberty Plaza, a 372,130-square-foot shopping center in Philadelphia.
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Philadelphia — PREIT has inked leases with three new tenants at Plymouth Meeting Mall in Philadelphia.
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Hempfield Township, Penn. — CBL Properties, in partnership with Stadium Casino LLC, has unveiled plans to develop a 100,000-square-foot casino and entertainment complex at CBL’s Westmoreland Mall in Hempfield Township.
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