The Feil Organization Sells 340,000-Square-Foot Shopping Center to Wharton Realty Group

by Scott Reid

Philadelphia — The ShopRite-anchored center sold for an undisclosed price.

The Feil Organization, as managing partner of the partnership of Feil, Chera & Goldman, has completed the disposition of One & Olney Square shopping center located in North Philadelphia. Wharton Realty Group purchased the ShopRite-anchored center for an undisclosed price. Situated on 26 acres, the 340,000-square-foot center is 85 percent leased to national and regional tenants, including Modell’s, Conway and Ashley Stewart. The property was built in 1986 and acquired by the Feil partnership in 2002. James Galbally of JLL represented The Feil Organization, while Wharton Realty Group was represented in-house for the transaction.

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