Mount Pocono, Pa. — Agora Commercial has acquired Mount Pocono Plaza, a 195,735-square-foot shopping center located in the northeastern Pennsylvania community of Mount Pocono, for $17 million. Weis anchors the property, and other tenants include Ollie’s Bargain Outlet, Harbor Freight,
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Metamoras, Pa. — Larken Associates has acquired Westfall Town Center, a 203,907-square-foot shopping center located in Matamoras, at the nexus of the New York-New Jersey-Pennsylvania border. A 73,000-square-foot ShopRite anchors the property, and other tenants include Flagship Cinemas, T.J. Maxx,
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Downingtown, Pa. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Ashbridge Square, a 386,248-square-foot retail power center in Downingtown, a western suburb of Philadelphia. Built in 2000, Ashbridge Square was 88 percent
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Burnham, Penn. — Axiom Realty Services has acquired Greater Lewistown Plaza, a 177,752-square-foot shopping center in Burnham. Weis Markets anchors the center, which was 94 percent leased at the time of sale. Other tenants include J.C. Penney, Dunham’s Sports, Geisinger
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Williamsport, Pa. — First National Realty Partners (FNRP) has acquired Loyal Plaza, a 289,000-square-foot shopping center located in Williamsport. A 67,000-square-foot Giant Food anchors the property, which is leased to tenants including Hobby Lobby, Planet Fitness, Rite Aid, Advance Auto
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Burnham, Pa. — Northpath Investments has sold Lewistown Plaza, a 177,752-square-foot retail center located in Burnham. Axiom Realty acquired the property, which was 94 percent occupied at the time of sale. Weis Markets anchors the center, which features tenants including
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Philadelphia — City Avenue Center, a 20,220-square-foot shopping center located in Philadelphia, has sold for $24.6 million. Brad Nathanson, David Crotts and Dean Zang of Marcus & Millichap’s Institutional Property Advisors (IPA) arranged the sale on behalf of an undisclosed
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Willow Grove, Pa. — Federal Realty Investment Trust has broken ground on the second phase of construction at Willow Grove Shopping Center, a 211,000-square-foot development located in Willow Grove. The second phase, which is scheduled for completion in the summer
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Pittsburgh — JLL Capital Markets has arranged the sale of The Mall at Robinson, an 874,553-square-foot shopping center located in Pittsburgh. JLL represented the seller — an entity doing business as QIC US Management Inc. — in the transaction. Kohan
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Ardmore, Pa. — Kimco Realty has arranged leases with four new tenants at Suburban Square, a shopping center located in Ardmore, approximately 10 miles northwest of Philadelphia. Clothing retailers Addison Bay, Faherty and Veronica Beard and restaurant maman have opened
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Bryn Mawr, Pa. — Colliers has arranged the sale of Ferrari Philadelphia, a 41,311-square-foot car dealership located in Bryn Mawr, approximately 10 miles northwest of Philadelphia. The property comprises a 36,314-square-foot sales and service building and a 4,997-square-foot repair building
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Trexlertown, Pa. — The Home Depot will open a 136,000-square-foot store at Macungie Crossing, a 182,000-square-foot shopping center that is under construction in the Lehigh Valley community of Trexlertown. New York City-based RD Management is developing the project, construction of
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