Pennsylvania

Pottstown, Pa. — Institutional Property Advisors (IPA), a division of Marcus & Milllichap, has brokered the $85.7 million sale of Upland Square, a 400,716-square-foot power center located roughly 40 miles northwest of Philadelphia in Pottstown. A 76,500-square-foot Giant Food anchors the center, which was leased to tenants such as Burlington, LA Fitness, Five Below, Ross Dress for Less, Bed Bath & Beyond, Staples, TJ Maxx, Petco and Ulta Beauty at the time of sale. An AMC Theatre and the freestanding retail pads located on the site were not included in the …

York, Pa. — JLL Capital Markets has brokered the sale of West Manchester Town Center, a 488,037-square-foot power center located in the southern Pennsylvania community of York. Chris Munley, James Galbally and Colin Behr of JLL marketed the property on behalf of the seller, ATR Corinth Partners. A joint venture including Paramount Realty acquired the center for an undisclosed price. Kohl’s, At Home, HomeGoods, Hobby Lobby and Burlington anchor the property, which formerly operated as an enclosed mall before being redeveloped in 2014. 

Warrington, Pa. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Shops at Valley Square, a 293,000-square-foot shopping center in Warrington, a northern suburb of Philadelphia. Built in 2007, the center consists of 89,447 square feet of office space and 203,701 square feet of retail space that houses tenants such as Ulta Beauty, Designer Shoe Warehouse, Bath & Body Works, Sleep Number and Eastern Mountain Sports. Food and beverage users include P.F. Chang’s, Panera Bread and Gran Rodeo Mexican Grill. Brad Nathanson of …