Warrington, Pa. — Poag Shopping Centers, in partnership with real estate funds managed by Ares Management, has acquired The Shops at Valley Square, a 292,888-square-foot mixed-use property located in the Philadelphia suburb of Warrington.
Moosic, Penn. — U.S. Properties Group has announced the signing of two new leases totaling 11,500 square feet at the Shoppes at Montage, a lifestyle center located in Moosic.
McCandless, Penn. — HFF has secured a $70 million permanent loan for McCandless Crossing, a 354,567-square-foot town center located in the Pittsburgh suburb of McCandless.
St. Paul, Minn. — St. Paul-based Gander Mountain is set to open three new stores in Colorado, Pennsylvania and Texas this fall.
Harrisburg, Pa. — Macy’s has opened its new Backstage concept within 25,000 square feet of space on the first level of Harrisburg Mall, located on Paxton Street in Harrisburg.
Pottstown and Reading, Pa. — CBRE Group Inc. has arranged the sale of North End Shopping Center in Pottstown and Madeira Plaza in Reading.
Pottstown, Pa. — Deerwood Real Estate Capital has closed a $15.5 million loan to finance the acquisition and redevelopment of an enclosed mall in Pottstown.
Scranton, Pa. — PREIT has inked a deal to bring a dual-store format concept to Viewmont Mall in Scranton.
Philadelphia — Philadelphia-based PREIT (NYSE: PEI) has announced the sale of four malls for an aggregate price of $92.4 million.
Exton, Penn. — HFF has secured a $10.7 million refinancing for Lionville Shopping Center, a 93,161-square-foot grocery-anchored shopping center located in the Philadelphia suburb of Exton.