JLL Arranges $44.8 Million Sale of Monroe Marketplace in Central Pennsylvania

Selinsgrove, Penn. — JLL Capital Markets has arranged the $44.8 million sale of Monroe Marketplace, a 372,794-square-foot, grocery-anchored shopping center located in the central Pennsylvania community of Selinsgrove. Christopher Munley, Jim Galbally and Colin Behr of JLL represented the seller, an undisclosed institutional investor, in the disposition of the property to Acadia Realty Trust. Tenants at Monroe Marketplace include GIANT Food Stores, T.J. Maxx, Dick’s Sporting Goods, Kohl’s, Ross, Old Navy, PetSmart, Buffalo Wild Wings, Longhorn Steakhouse, Michael’s, Sally Beauty and Ulta Beauty. The center is also shadow-anchored by Target.