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 property include Wells Fargo Bank, Diana’s Pizza & Restaurant and Kelly’s Kitchen.
Scott Woodard and Derrick Dougherty of Marcus & Millichap represented the seller and procured the buyer, an affiliate of a New York-based private real estate investment trust, in the transaction.