Chambersburg, Pa. — New York City-based Katz Properties has acquired Chambersburg Crossing, a shopping center located at 925 Norland Ave. in Chambersburg, for $45 million.
West Chester, Penn. — Holliday Fenoglio Fowler (HFF) has arranged an $18.5 million refinancing for West Goshen Town Centre, a 135,650-square-foot ShopRite-anchored retail center located in the Philadelphia suburb of West Chester.
Allentown, Pa. — The Waterfront Development Co. has broken ground on a $400 million mixed-use development along the western banks of the Lehigh River in Allentown.
Prussia, Penn. —JBGR Retail’s King of Prussia Town Center, a 400,000-square-foot lifestyle center located near King of Prussia Mall, is 70 percent leased and set to open in summer 2016.
Altoona, Pa. — Sands Investment Group (SIG) has arranged the $12.2 million sale of a single-tenant Carmike Cinema in Altoona to Agree Realty Corp., a REIT primarily engaged in the acquisition and development of net-leased retail properties.
Philadelphia — Metro Commercial Real Estate Inc. has brokered two deals for Target in the Center City area of Philadelphia.
Paoli, Penn. — HFF has arranged the $11.4 million sale of Paoli Center, a two-building property totaling 15,400 square feet located in the Philadelphia suburb of Paoli.
Philadelphia, Pa. — Old Navy is set to open a 23,464-square-foot multi-floor flagship store located at 1618 to 1622 Chestnut Street in Philadelphia.
Uniontown, Pa. — Pennsylvania Real Estate Investment Trust (PREIT) has sold Uniontown Mall, a 700,000-square-foot property located in Uniontown, for $23 million.
Scranton, Pa. — The Shopping Center Group (TCSG) has arranged the sale of Mall at Steamtown, a 558,816-square-foot enclosed regional mall located in Scranton.