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Exton Square
Investment salesNewsPennsylvania

JLL Brokers $34.3 Million Sale of Shopping Center in Exton, Pennsylvania

by Abby Cox

Exton, Pa. — JLL Capital Markets has brokered the $34.3 million sale of Exton Square, a 990,000-square-foot super-regional shopping center located in the Philadelphia suburb of Exton. Abrams Realty & Development acquired the property from PREIT. Originally built in 1973, the 75-acre center was renovated in 2000. The property — which is shadow anchored by Whole Foods Market — features tenants including Boscov’s, Macy’s, Main Line Health and Round1 Entertainment. Jim Galbally, David Monahan, Patrick Higgins and Fran Coyne of JLL represented the seller in the transaction.

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Goodnoe's Corner
Grocery-anchoredInvestment salesNewsPennsylvania

Marcus & Millichap Brokers Sale of Two Retail Centers Totaling 122,365 Square Feet in Metro Philadelphia

by Abby Cox

Newtown and Bensalem, Pa. — Marcus & Millichap has brokered the sale of two retail centers in Pennsylvania totaling 122,365 square feet. The properties include Goodnoe’s Corner in Newtown and Village Center in Bensalem. Goodnoe’s Corner — originally built in 2008 — totals 34,660 square feet. Tenants at the property include AT&T Wireless, Madison Dental, Jule’s Thin Crust, Firstrust Bank, Apple Cleaners and Green Parrot Restaurant. Originally constructed in 1976 and renovated in 1999, Village Center is anchored by Acme Markets and comprises 87,705 square feet. Other tenants at the …

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Bensalem Shopping Center
Grocery-anchoredInvestment salesNewsPennsylvania

JLL Facilitates Sale of 109,057-Square-Foot Retail Center in Metro Philadelphia

by Abby Cox

Bensalem, Pa. — JLL Capital Markets has facilitated the sale of Bensalem Shopping Center, a 109,057-square-foot retail center in Bensalem, roughly 19 miles north of Philadelphia. The buyer and sales price were undisclosed. Built in 1972, the center is situated on approximately 9 acres. The property — which was fully leased at the time of sale — is anchored by Indian supermarket chain Patel Brothers. Additional tenants at the center include Dollar General, Advance Auto Parts and Unlimited PCS. Jim Galbally and Patrick Higgins of JLL Capital Market’s Investment and …

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LeasingNewsPennsylvania

Three Retail Tenants Open at High Pointe Commons in Harrisburg, Pennsylvania

by Abby Cox

Harrisburg, Pa. — High Pointe Commons, a 359,000-square-foot shopping center located in Harrisburg, has introduced its second wave of new retail tenants. The first wave of leases, which were announced within the past two years, include NYC Sugaring, FedEx, Fleet Feet, Five Below, Warhammer and LensCrafters. Additionally, three more tenants have joined the tenant roster this month, including men’s apparel store DXL Big + Tall, Crumbl Cookies, and AT&T, all of which are now open. Levin Management Corp. (LMC) leases and manages the property. Fred Younkin internally represented LMC in …

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Century Square
Investment salesNewsPennsylvania

Red Mountain Group Acquires 415,613-Square-Foot Shopping Center in West Mifflin, Pennsylvania

by Abby Cox

West Mifflin, Pa. — Red Mountain Group Inc. has acquired Century Square, a 415,613-square-foot regional shopping center located in West Mifflin, roughly 11 miles southeast of downtown Pittsburgh. Built in 1990 and renovated in 2016, the center is 82 percent leased. Anchors at the center include Lowe’s Home Improvement, Hobby Lobby, SHOP’n SAVE, Dunham’s Sports, Luxury Cinemas and Planet Fitness. The sales price was not disclosed.

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Andorra Shopping Center
Architecture and DesignDevelopmentGrocery-anchoredNewsPennsylvania

Federal Realty Breaks Ground on Next Phase of Andorra Shopping Center Redevelopment in Philadelphia

by Abby Cox

Philadelphia — Federal Realty Investment Trust has broken ground on the next phase of redevelopment at Andorra Shopping Center located in northwest Philadelphia. Construction of the property, which began in February 2025, will include a 50,000-square-foot GIANT grocery store and the repositioning of 30,000 square feet of retail space. Additionally, the $30 million redevelopment will feature approximately 14,000 square feet of landscaped plazas and outdoor dining spaces, as well as a 10,000-square-foot KinderCare childcare facility. Andorra Shopping Center is currently home to several retailers including T.J. Maxx, Five Below and …

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Company newsDevelopmentNewsPennsylvania

Whole Foods to Open 43,617-Square-Foot Store in Doylestown, Pennsylvania

by Abby Cox

Doylestown, Pa. — Whole Foods Market will open a new 43,617-square-foot store in Doylestown, located 25 miles north of Philadelphia. The new location will feature more than 500 local items from the Mid-Atlantic region, offering customers certified organic produce, a selection of wines and beers, a Whole Foods-curated grocery section and wellness, beauty and lifestyle items. Additionally, the store will include a full-service seafood counter, full-service meat counter, specialty cheese department, hot food bar and bakery. The new location will open March 13.

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DevelopmentInvestment salesNewsPennsylvania

CBL Properties Sells Shopping Center in Monroeville, Pennsylvania for $34 Million

by Abby Cox

Monroeville, Pa. — CBL Properties has sold Monroeville Mall, a 1.2-million-square-foot regional mall located in Monroeville, roughly 20 miles east of Pittsburgh. According to the Pittsburgh Post-Gazette, Walmart purchased the property — which comprises the main mall building, adjacent strip mall, front entrance expansion and land parcels for Best Buy and Firestone — for $34 million in an all-cash transaction. Situated on 186 acres, the mall is anchored by Macy’s, Dick’s Sporting Goods and JCPenney. Other tenants at the property include Barnes & Noble, Cinemark Theatres, Guitar Center and Best Buy. …

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Summerdale Plaza
Investment salesNewsPennsylvania

Agora Commercial Acquires 147,916-Square-Foot Shopping Center in Enola, Pennsylvania

by Abby Cox

Enola, Pa. — Philadelphia-based Agora Commercial Realty Advisors has acquired Summerdale Plaza, a 147,916-square-foot shopping center located in Enola, just west of Harrisburg, for $15.2 million. The center — which was 80 percent leased at the time of sale — is anchored by Tractor Supply, AutoZone, Family Dollar, Dollar Tree, Rite Aid and the Pennsylvania Department of Transportation. JP Colussi and Brad Nathanson of IPA represented the buyer and seller in the transaction.

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Wyomissing Wawa
Grocery-anchoredInvestment salesNew JerseyNewsPennsylvania

CBRE Arranges $14.7 Million Sale of Three Retail Properties in Suburban Philadelphia

by Abby Cox

Wyomissing, Pa and Voorhees Township, N.J. — CBRE has arranged the sale of three retail properties located in Wyomissing and Voorhees Township, totaling approximately $14.7 million. The properties include a stand-alone Wawa convenience store and gas station in Wyomissing and two retail centers at Cedar Hill Shopping Center in Voorhees Township. The Wawa location — which sold for $7.37 million — totals 5,051 square feet and is situated in The Knitting Mills, a 54-acre mixed-use redevelopment project in Wyomissing that houses UGI Energy Services’ Corporate Headquarters. The retail strip centers …

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